Visible Gold Mines (CVE:VGD) Shares Down 20% – Time to Sell?

Visible Gold Mines Inc. (CVE:VGDGet Free Report)’s stock price fell 20% during trading on Saturday . The stock traded as low as C$0.16 and last traded at C$0.16. 312,100 shares traded hands during 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 Trading Down 20.0%

The company has a debt-to-equity ratio of -25.18, a quick ratio of 1.56 and a current ratio of 0.10. The stock has a market capitalization of C$5.94 million, a price-to-earnings ratio of 2.67 and a beta of 2.24. The firm has a fifty day moving average of C$0.15 and a 200-day moving average 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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