Visible Gold Mines Inc. (VGMIF)
Visible Gold Mines Inc. operates in the Gold industry of the Basic Materials sector, headquartered in Rouyn-Noranda, QC, CA. The stock last traded at $0.09, up 0.00% on the session, giving a market capitalisation of $3.3M. On trailing twelve-month figures it carries a trailing P/E of 2.14, a net margin of 0.0%. Its beta of 1.51 implies it has historically moved more than the broad market.
Visible Gold Mines Inc., a company founded in 2007 and based in Rouyn-Noranda, Canada, focuses on the acquisition and exploration of gold mineral deposits across Canada. The firm holds complete ownership of several key projects within Québec. This includes the Cadillac project, encompassing 145 mining claims over approximately 5,000 hectares situated west of Rouyn-Noranda. It also possesses a 100% interest in the MegaLi Project, which covers 3,996 hectares across 78 mining claims, and the NataLi Project, comprising 107 mining claims spanning 5,667 hectares, both located in Québec's James Bay region. Beyond these fully owned assets, Visible Gold Mines maintains interests in numerous other Québec properties. These include the Piko property, consisting of 26 mining claims in Abitibi-Témiscamingue; the Veronik gold property, made up of 78 mining claims positioned southeast of Hecla's Casa Berardi gold mine; the Horsefly Property, which features 175 mining claims across 6,050 hectares within the Druillettes and Gradis townships; the Doda project, comprising 25 mining claims covering around 1,400 hectares; the Dovercliff property, a smaller holding with 3 mining claims in Rouyn-Noranda; and the Phooey Lake property, encompassing 75 mining claims near Chibougamau.
Visible Gold Mines Inc. is most often compared with the following Basic Materials names: