Visible Gold Mines Inc. (CVE:VGD – Get Free Report) dropped 20% during mid-day trading on Saturday . The company traded as low as C$0.16 and last traded at C$0.16. Approximately 312,100 shares were traded 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 Trading Down 20.0%
The stock’s fifty day simple moving average is C$0.15 and its two-hundred day simple moving average is C$0.12. The firm has a market cap of C$5.94 million, a PE ratio of 2.67 and a beta of 2.24. 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
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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