TSX-V

Visible Gold Mines Inc.

VGD.V•Basic Materials•Gold
Current Price
$0.16
Today's Change
+0.00%
Market Cap
$6.32M
Volume
0.00
🥇

Commodity Exposure

Gold

Current Price
$4,018.20/oz
-1.04% today
💡

Industry Context

Mining companies typically trade at 5-9x EV/EBITDA due to commodity price volatility. Gold price movements significantly impact profitability.

Price updated: Oct 23, 2026, 03:00 PM

💡 Quick Take

Visible Gold Mines Inc. focuses on acquiring and exploring gold and lithium mineral properties in Canada. A significant concern is its negative return on assets (ROA) of -140.6%, indicating inefficiency in generating profits from its assets. Additionally, the current ratio of 0.08 suggests severe liquidity issues, raising questions about its ability to meet short-term obligations. While the market cap of $6.32M reflects a small company size, it may also indicate limited resources for exploration and development. Overall, the financial health raises red flags for potential investors.

Based on 18 data points⚠️Not financial advice

📊 Key Metrics

52 Week High$0.23
52 Week Low$0.08
Avg Volume20.06K
Beta1.42
Shares Outstanding37.16M

🔥 Valuation

Market Cap$6.32M
Enterprise Value$5.34M
P/E Ratio2.28
EV/EBITDA ⚠️-5.36x
Dividend Yield0.00%

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🚩 Red Flags

🔴

Cash Runway Critical

Company has $23K in cash but burned $59K last quarter. At this burn rate, only 0.4 quarters of runway remain without additional financing.

🟠

Significant Losses

Company posted a loss of $-870K over the last year, representing Infinity% of revenue.

🌟 Opportunities

📊

No significant opportunities identified

Based on current financial metrics

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