Visible Gold Mines (CVE:VGD) Shares Down 20% – Time to Sell?
by Danessa Lincoln · The Markets DailyVisible Gold Mines Inc. (CVE:VGD – Get Free Report) fell 20% on Friday . The stock traded as low as C$0.16 and last traded at C$0.16. 312,100 shares were traded during trading, an increase of 324% from the average session volume of 73,640 shares. The stock had previously closed at C$0.20.
Visible Gold Mines Stock Performance
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 company has a market cap of C$5.94 million, a P/E ratio of 2.67 and a beta of 2.24. The firm has a 50 day moving average price of C$0.15 and a 200-day moving average price of C$0.12.
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.