Visible Gold Mines Inc. (CVE:VGD – Get Free Report) shares dropped 20% during trading on Saturday . The stock traded as low as C$0.16 and last traded at C$0.16. Approximately 312,100 shares were traded during mid-day 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 company has a market capitalization of C$5.94 million, a price-to-earnings ratio of 2.67 and a beta of 2.24. The business has a fifty day moving average price of C$0.15 and a 200 day moving average price of C$0.12. 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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