Visible Gold Mines (CVE:VGD) Hits New 1-Year High – What’s Next?

Visible Gold Mines Inc. (CVE:VGDGet Free Report)’s share price hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as C$0.19 and last traded at C$0.19, with a volume of 67000 shares changing hands. The stock had previously closed at C$0.18.

Visible Gold Mines Stock Performance

The stock has a market capitalization of C$6.87 million, a price-to-earnings ratio of 3.08 and a beta of 2.24. The company’s fifty day simple moving average is C$0.14 and its 200 day simple moving average is C$0.12. The company has a quick ratio of 1.56, a current ratio of 0.10 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.

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