Visible Gold Mines (CVE:VGD) Stock Price Up 38.5% – Should You Buy?

Visible Gold Mines Inc. (CVE:VGDGet Free Report) was up 38.5% on Tuesday . The stock traded as high as C$0.19 and last traded at C$0.18. Approximately 194,000 shares changed hands during trading, an increase of 362% from the average daily volume of 42,025 shares. The stock had previously closed at C$0.13.

Visible Gold Mines Price Performance

The company’s 50-day simple moving average is C$0.13 and its 200 day simple moving average is C$0.11. The company has a market capitalization of C$6.69 million, a P/E ratio of -18.00 and a beta of 2.25. The company has a quick ratio of 1.56, a current ratio of 0.10 and a debt-to-equity ratio of -25.18.

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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