Visible Gold Mines Inc. (CVE:VGD – Get Free Report)’s share price fell 20% during mid-day trading on Saturday . The company traded as low as C$0.16 and last traded at C$0.16. 312,100 shares changed hands during mid-day 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 firm’s 50 day moving average is C$0.15 and its 200 day moving average is 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. The company 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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