Visible Gold Mines Inc. (CVE:VGD – Get Free Report) shares were down 20% during trading on Saturday . The stock traded as low as C$0.16 and last traded at C$0.16. Approximately 312,100 shares were traded during mid-day trading, an increase of 324% from the average daily volume of 73,640 shares. The stock had previously closed at C$0.20.
Visible Gold Mines Price Performance
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 company has a 50 day moving average of C$0.15 and a 200-day moving average of C$0.12. The stock has a market capitalization of C$5.94 million, a P/E ratio of 2.67 and a beta of 2.24.
About Visible Gold Mines
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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