Visible Gold Mines (CVE:VGD) Hits New 12-Month High – Here’s Why

Visible Gold Mines Inc. (CVE:VGDGet Free Report) reached a new 52-week high on Tuesday . The company traded as high as C$0.23 and last traded at C$0.23, with a volume of 25000 shares trading hands. The stock had previously closed at C$0.23.

Visible Gold Mines Stock Performance

The company has a 50 day simple moving average of C$0.19 and a 200-day simple moving average of C$0.15. The company has a debt-to-equity ratio of 2.77, a current ratio of 1.69 and a quick ratio of 1.56. The stock has a market cap of C$8.55 million, a P/E ratio of 3.83 and a beta of 0.67.

About Visible Gold Mines

(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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