Providence Gold Mines (CVE:PHD) Hits New 52-Week Low at $0.02

Providence Gold Mines Inc. (CVE:PHDGet Free Report)’s stock price reached a new 52-week low during trading on Tuesday . The stock traded as low as C$0.02 and last traded at C$0.02, with a volume of 5591 shares traded. The stock had previously closed at C$0.03.

Providence Gold Mines Trading Down 20.0 %

The firm has a market cap of C$1.24 million, a price-to-earnings ratio of -5.00 and a beta of 2.54. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.03 and a quick ratio of 0.07. The company’s 50 day simple moving average is C$0.03 and its 200 day simple moving average is C$0.03.

About Providence Gold Mines

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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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