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

Shares of Visible Gold Mines Inc. (CVE:VGDGet Free Report) traded down 20% during mid-day trading on Saturday . The company traded as low as C$0.16 and last traded at C$0.16. 312,100 shares were traded 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 Stock Down 20.0%

The firm’s 50-day simple moving average is C$0.15 and its 200 day simple moving average 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. The company has a market cap of C$5.94 million, a P/E ratio of 2.67 and a beta of 2.24.

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.

Featured Articles

Receive News & Ratings for Visible Gold Mines Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Visible Gold Mines and related companies with MarketBeat.com's FREE daily email newsletter.