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

Shares of Visible Gold Mines Inc. (CVE:VGDGet 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 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’s 50 day moving average price is C$0.15 and its 200 day moving average price is 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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