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An announcement from Providence Gold Mines Inc ( (TSE:PHD) ) is now available.
Providence Gold Mines Inc. has announced the termination of its lease agreement with the Ellers Family Trust for the Tuolumne Property in California. The company is now concentrating on securing a new lease for the property under more favorable terms, which could impact its operational strategy and market positioning in the gold mining sector.
More about Providence Gold Mines Inc
Providence Gold Mines Inc. operates in the mining industry, focusing on the exploration and development of gold properties. The company is engaged in activities related to the acquisition and management of mineral claims, primarily in California, with a market focus on gold mining and related exploration activities.
YTD Price Performance: 25.00%
Average Trading Volume: 72,049
Technical Sentiment Signal: Buy
Current Market Cap: C$2.17M
For a thorough assessment of PHD stock, go to TipRanks’ Stock Analysis page.