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Providence Gold Mines stock surged 22.2% amid above-average trading volume, with no clear reason given.
Providence Gold Mines (CVE:PHD) shares jumped 22.2% to C$0.06 on Friday, with trading volume up 24% above average, though no specific reason for the surge was cited.
The exploration-stage gold miner, focused on properties in Canada and the U.S., holds interests in the Providence Mines Property in California across about 324 acres.
The stock has a market cap of C$3.50 million, a beta of 2.64 indicating high volatility, and negative earnings, with a P/E ratio of -1.38.
Financial ratios show limited short-term liquidity, and the price traded above its 50-day and 200-day moving averages.
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Las acciones de Providence Gold Mines subieron un 22,2% en medio de un volumen de operaciones por encima de la media, sin una razón clara.