Visible Gold Mines Inc. (CVE:VGD – Get Free Report) traded down 20% on Friday . The stock traded as low as C$0.16 and last traded at C$0.16. 312,100 shares traded 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 Trading Down 20.0%
The firm’s fifty day moving average price is C$0.15 and its 200-day moving average price is C$0.12. The company has a market cap of C$5.94 million, a price-to-earnings 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.
About Visible Gold Mines
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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