Visible Gold Mines Inc. (CVE:VGD – Get Free Report) dropped 20% during trading on Saturday . The company traded as low as C$0.16 and last traded at C$0.16. Approximately 312,100 shares traded hands during mid-day 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 stock has a market capitalization of C$5.94 million, a PE ratio of 2.67 and a beta of 2.24. The firm’s 50-day simple moving average is C$0.15 and its two-hundred day simple moving average 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.
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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