Visible Gold Mines Inc. (CVE:VGD – Get Free Report) shares dropped 20% 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 firm’s 50 day moving average is C$0.15 and its two-hundred day 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. The stock has a market cap of C$5.94 million, a price-to-earnings ratio of 2.67 and a beta of 2.24.
Visible Gold Mines Company Profile
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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