Providence Gold Mines (CVE:PHD) Stock Price Down 33.3%

Providence Gold Mines Inc. (CVE:PHDGet Free Report) was down 33.3% during mid-day trading on Wednesday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 125,000 shares were traded during mid-day trading, an increase of 130% from the average daily volume of 54,428 shares. The stock had previously closed at C$0.03.

Providence Gold Mines Stock Performance

The firm has a fifty day simple moving average of C$0.03 and a 200-day simple moving average of C$0.03. The company has a quick ratio of 0.07, a current ratio of 0.03 and a debt-to-equity ratio of 0.42. The company has a market cap of C$1.86 million, a PE ratio of -5.00 and a beta of 2.54.

Providence Gold Mines Company Profile

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Providence Gold Mines Inc, an exploration stage company, engages in the exploration and evaluation of mineral properties located in Canada and the United States. The company primarily explores for gold ores. It holds interests in the Providence Mines Property, which includes the Black Oak Mine, Soulsby Mine, Dead Horse Mine, New Albany Mine, Star King Mine, and others located in the Summerville Mining District, Tuolumne County, California.

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