Visible Gold Mines Inc. (CVE:VGD – Get Free Report)’s share price was down 20% during mid-day trading on Friday . The company traded as low as C$0.16 and last traded at C$0.16. Approximately 312,100 shares changed hands during trading, an increase of 324% from the average daily 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 price-to-earnings ratio of 2.67 and a beta of 2.24. The stock’s 50-day simple moving average is C$0.15 and its 200 day simple moving average is C$0.12.
About Visible Gold Mines
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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