Visible Gold Mines (CVE:VGD) Stock Price Down 20% – Here’s Why

Shares of Visible Gold Mines Inc. (CVE:VGDGet Free Report) traded down 20% on Saturday . The stock 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 Price Performance

The stock has a market cap of C$5.94 million, a PE ratio of 2.67 and a beta of 2.24. 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 business has a fifty day moving average of C$0.15 and a 200 day moving average of C$0.12.

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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