Visible Gold Mines (CVE:VGD) Stock Price Down 20% – Should You Sell?

Visible Gold Mines Inc. (CVE:VGDGet Free Report) was down 20% on Saturday . The stock traded as low as C$0.16 and last traded at C$0.16. Approximately 312,100 shares traded 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 Performance

The company has a market cap of C$5.94 million, a P/E ratio of 2.67 and a beta of 2.24. The firm has a 50 day moving average price of C$0.15 and a 200-day moving average price of C$0.12. The company has a debt-to-equity ratio of -25.18, a quick ratio of 1.56 and a current ratio of 0.10.

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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