Visible Gold Mines (CVE:VGD) Hits New 52-Week High – Still a Buy?

Visible Gold Mines Inc. (CVE:VGDGet Free Report) hit a new 52-week high during trading on Tuesday . The stock traded as high as C$0.23 and last traded at C$0.23, with a volume of 25000 shares. The stock had previously closed at C$0.23.

Visible Gold Mines Stock Up 2.2%

The firm has a market cap of C$8.55 million, a PE ratio of 3.83 and a beta of 0.67. The company has a debt-to-equity ratio of 2.77, a quick ratio of 1.56 and a current ratio of 1.69. The company’s 50-day simple moving average is C$0.19 and its two-hundred day simple moving average is C$0.15.

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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