Visible Gold Mines (CVE:VGD) Stock Price Down 20% – What’s Next?

Visible Gold Mines Inc. (CVE:VGDGet Free Report)’s stock price was down 20% during mid-day trading on Saturday . The company traded as low as C$0.16 and last traded at C$0.16. Approximately 312,100 shares changed 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 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 50-day moving average of C$0.15 and a 200 day moving average of 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

(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.

Featured Articles

Receive News & Ratings for Visible Gold Mines Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Visible Gold Mines and related companies with MarketBeat.com's FREE daily email newsletter.