Visible Gold Mines (CVE:VGD) Shares Down 18.8% – Here’s Why

Visible Gold Mines Inc. (CVE:VGDGet Free Report)’s stock price was down 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 debt-to-equity ratio of 1.86, a quick ratio of 1.56 and a current ratio of 10.43. The firm has a market cap of C$4.83 million, a price-to-earnings ratio of 1.63 and a beta of 0.73. The company’s fifty day moving average is C$0.19 and its two-hundred day moving average is C$0.17.

About Visible Gold Mines

(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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