Visible Gold Mines (CVE:VGD) Trading 20.8% Higher – Here’s What Happened

Visible Gold Mines Inc. (CVE:VGDGet Free Report) shares traded up 20.8% on Thursday . The company traded as high as C$0.14 and last traded at C$0.14. Approximately 516,500 shares were traded during mid-day trading, an increase of 909% from the average session volume of 51,183 shares. The stock had previously closed at C$0.12.

Visible Gold Mines Stock Performance

The company has a market capitalization of C$4.46 million, a price-to-earnings ratio of 1.50 and a beta of 0.61. The firm has a 50-day moving average price of C$0.15 and a 200-day moving average price of C$0.17. The company has a current ratio of 10.43, a quick ratio of 1.56 and a debt-to-equity ratio of 1.86.

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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