Visible Gold Mines (CVE:VGD) Stock Price Down 20% – What’s Next?

Visible Gold Mines Inc. (CVE:VGDGet Free Report)’s stock price traded down 20% on Saturday . The company traded as low as C$0.16 and last traded at C$0.16. 312,100 shares traded hands during mid-day trading, an increase of 324% from the average session volume of 73,640 shares. The stock had previously closed at C$0.20.

Visible Gold Mines Price Performance

The firm has a market cap of C$5.94 million, a PE ratio of 2.67 and a beta of 2.24. The company has a quick ratio of 1.56, a current ratio of 0.10 and a debt-to-equity ratio of -25.18. The stock has a 50 day moving average price of C$0.15 and a two-hundred day moving average price of C$0.12.

Visible Gold Mines Company Profile

(Get Free Report)

Visible Gold Mines Inc acquires and explores mineral properties in Canada. It primarily explores for gold and lithium deposits. The company was incorporated in 2007 and is based in Rouyn-Noranda, Canada.

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