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

Providence Gold Mines Inc. (CVE:PHDGet Free Report) shares hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as C$0.02 and last traded at C$0.03, with a volume of 78000 shares. The stock had previously closed at C$0.03.

Providence Gold Mines Price Performance

The stock’s fifty day moving average price is C$0.03 and its 200-day moving average price is C$0.03. The firm has a market cap of C$1.55 million, a PE ratio of -5.00 and a beta of 2.76. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.03 and a quick ratio of 0.07.

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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