Visible Gold Mines (CVE:VGD) Stock Price Down 20% – Should You Sell?

Visible Gold Mines Inc. (CVE:VGDGet Free Report)’s share price fell 20% 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 Stock 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 stock has a market capitalization of C$5.94 million, a PE ratio of 2.67 and a beta of 2.24. The firm has a 50 day moving average price of C$0.15 and a 200-day moving average price 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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