Visible Gold Mines (CVE:VGD) Shares Down 18.8% – Here’s Why

Visible Gold Mines Inc. (CVE:VGDGet Free Report)’s share price traded down 18.8% during mid-day trading on Monday . The stock traded as low as C$0.08 and last traded at C$0.13. 162,983 shares were traded during trading, an increase of 210% from the average session volume of 52,524 shares. The stock had previously closed at C$0.16.

Visible Gold Mines Price Performance

The stock has a market cap of C$4.83 million, a PE ratio of 1.63 and a beta of 0.73. The company has a current ratio of 10.43, a quick ratio of 1.56 and a debt-to-equity ratio of 1.86. The company’s 50 day moving average is C$0.19 and its 200-day moving average is C$0.17.

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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