Providence Gold Mines Inc (CVE:PHD)’s stock price fell 6.3% during trading on Monday . The stock traded as low as C$0.08 and last traded at C$0.08, 94,000 shares traded hands during mid-day trading. An increase of 51% from the average session volume of 62,457 shares. The stock had previously closed at C$0.08.

The firm has a 50-day simple moving average of C$0.09 and a 200 day simple moving average of C$0.09. The company has a debt-to-equity ratio of 19.96, a current ratio of 0.51 and a quick ratio of 0.32. The company has a market capitalization of $3.27 million and a PE ratio of -6.25.

Providence Gold Mines Company Profile (CVE:PHD)

Providence Gold Mines Inc engages in the exploration and evaluation of mineral properties located in California, the United States and British Columbia, Canada. The company was formerly known as Red Hut Metals Inc and changed its name to Providence Gold Mines Inc in July 2017. Providence Gold Mines Inc was incorporated in 2010 and is based in Vancouver, Canada.

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