Visible Gold Mines Inc. (CVE:VGD – Get Free Report) shares dropped 18.8% on Monday . The stock traded as low as C$0.08 and last traded at C$0.13. Approximately 162,983 shares traded hands during trading, an increase of 210% from the average daily volume of 52,524 shares. The stock had previously closed at C$0.16.
Visible Gold Mines Price Performance
The company has a market capitalization of C$4.83 million, a PE ratio of 1.63 and a beta of 0.73. The company’s 50 day moving average is C$0.18 and its two-hundred day moving average is C$0.17. The company has a quick ratio of 1.56, a current ratio of 10.43 and a debt-to-equity ratio of 1.86.
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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