Visible Gold Mines Inc. (CVE:VGD – Get Free Report) shares rose 20.8% during trading on Thursday . The company traded as high as C$0.14 and last traded at C$0.14. 516,500 shares changed hands during trading, an increase of 909% from the average daily volume of 51,183 shares. The stock had previously closed at C$0.12.
Visible Gold Mines Price Performance
The firm’s fifty day moving average is C$0.15 and its two-hundred day moving average is C$0.17. The firm has a market cap of C$4.46 million, a price-to-earnings ratio of 1.50 and a beta of 0.61. The company has a debt-to-equity ratio of 1.86, a current ratio of 10.43 and a quick ratio of 1.56.
Visible Gold Mines Company Profile
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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