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Providence Gold Mines shares surged 28.6% on Saturday amid unexplained trading activity.
Providence Gold Mines (CVE:PHD) shares jumped 28.6% on Saturday, closing at C$0.05 with a trading volume of 245,000 shares—147% above its average.
The exploration-stage gold company, focused on projects in Canada and the U.S., holds the Providence Mines Property in California.
Financial metrics show a market cap of C$2.86 million, a negative P/E ratio, high volatility with a beta of 2.67, and low liquidity.
The cause of the price surge was not disclosed.
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Las acciones de Providence Gold Mines subieron un 28,6% el sábado en medio de una actividad comercial inexplicable.