Visible Gold Mines (CVE:VGD) Shares Down 20% – What’s Next?

Visible Gold Mines Inc. (CVE:VGDGet Free Report)’s share price was down 20% on Saturday . The company 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 Price Performance

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 quick ratio of 1.56 and a current ratio of 0.10. The business has a fifty day moving average price of C$0.15 and a 200 day moving average price of C$0.12.

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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