Shares of Visible Gold Mines Inc. (CVE:VGD – Get Free Report) were down 20% during trading on Friday . The company traded as low as C$0.16 and last traded at C$0.16. Approximately 312,100 shares traded 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 Down 20.0%
The company’s 50 day moving average price is C$0.15 and its two-hundred day moving average price is C$0.12. The company has a current ratio of 0.10, a quick ratio of 1.56 and a debt-to-equity ratio of -25.18. The firm has a market cap of C$5.94 million, a PE ratio of 2.67 and a beta of 2.24.
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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