Providence Gold Mines (CVE:PHD) Hits New 1-Year Low at $0.05

Providence Gold Mines Inc. (CVE:PHDGet Rating)’s share price reached a new 52-week low on Thursday . The stock traded as low as C$0.05 and last traded at C$0.05, with a volume of 15000 shares changing hands. The stock had previously closed at C$0.06.

The company has a quick ratio of 0.24, a current ratio of 0.36 and a debt-to-equity ratio of 0.42. The company has a market cap of C$3.01 million and a price-to-earnings ratio of -5.50. The company has a fifty day simple moving average of C$0.06 and a two-hundred day simple moving average of C$0.06.

About Providence Gold Mines (CVE:PHD)

Providence Gold Mines Inc, an exploration stage company, engages in the exploration and evaluation of mineral properties located in 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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