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

Visible Gold Mines Inc. (CVE:VGDGet Free Report) fell 20% on Friday . The company traded as low as C$0.16 and last traded at C$0.16. 312,100 shares changed 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 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. The company has a debt-to-equity ratio of -25.18, a current ratio of 0.10 and a quick ratio of 1.56.

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.

Further Reading

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