ADVFN Logo
Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers
Visible Gold Mines Inc

Visible Gold Mines Inc (VGD)

0.085
-0.005
(-5.56%)
Closed June 22 4:00PM

Real-time discussions and trading ideas: Trade with confidence with our powerful platform.

Key stats and details

Current Price
0.085
Bid
0.085
Ask
0.095
Volume
20,000
0.085 Day's Range 0.085
0.00 52 Week Range 0.00
Market Cap
Previous Close
0.09
Open
0.085
Last Trade
20000
@
0.085
Last Trade Time
Financial Volume
-
VWAP
-
Average Volume (3m)
-
Shares Outstanding
34,203,000
Dividend Yield
-
PE Ratio
-3.05
Earnings Per Share (EPS)
-0.03
Revenue
-
Net Profit
-896k

About Visible Gold Mines Inc

Sector
Gold Ores
Industry
Gold Ores
Headquarters
Quebec City, Quebec, Can
Founded
1970
Visible Gold Mines Inc is listed in the Gold Ores sector of the TSX Venture Exchange with ticker VGD. The last closing price for Visible Gold Mines was $0.09. Over the last year, Visible Gold Mines shares have traded in a share price range of $ 0.00 to $ 0.00.

Visible Gold Mines currently has 34,203,000 shares outstanding. The market capitalization of Visible Gold Mines is $2.74 million. Visible Gold Mines has a price to earnings ratio (PE ratio) of -3.05.

VGD Latest News

VISIBLE GOLD MINES ANNOUNCES RESULTS OF ITS ANNUAL AND SPECIAL MEETING OF SHAREHOLDERS

VISIBLE GOLD MINES ANNOUNCES RESULTS OF ITS ANNUAL AND SPECIAL MEETING OF SHAREHOLDERS Canada NewsWire ROUYN-NORANDA, QC, Feb. 26, 2024 ROUYN-NORANDA, QC, Feb. 26, 2024 /CNW/ - Visible Gold Mines...

VISIBLE GOLD MINES ANNOUNCES ISSUANCE OF SHARES IN PAYMENT OF CERTAIN DEBTS

VISIBLE GOLD MINES ANNOUNCES ISSUANCE OF SHARES IN PAYMENT OF CERTAIN DEBTS Canada NewsWire ROUYN-NORANDA, QC, Oct. 10, 2023 ROUYN-NORANDA, QC, Oct. 10, 2023 /CNW/ - Visible Gold Mines Inc...

VISIBLE GOLD MINES, IN PARTNERSHIP WITH SPOD LITHIUM, ANNOUNCES THE DISCOVERY OF SEVERAL PEGMATITES ON MEGALI PROJECT

VISIBLE GOLD MINES, IN PARTNERSHIP WITH SPOD LITHIUM, ANNOUNCES THE DISCOVERY OF SEVERAL PEGMATITES ON MEGALI PROJECT Canada NewsWire ROUYN-NORANDA, QC, Oct. 4, 2023 Highlights : Several...

VISIBLE GOLD MINES ANNOUNCES ISSUANCE OF SHARES IN PAYMENT OF CERTAIN DEBTS

VISIBLE GOLD MINES ANNOUNCES ISSUANCE OF SHARES IN PAYMENT OF CERTAIN DEBTS Canada NewsWire ROUYN-NORANDA, QC, Sept. 18, 2023 ROUYN-NORANDA, QC, Sept. 18, 2023 /CNW/ - Visible Gold Mines Inc...

VISIBLE GOLD MINES ANNOUNCES DIRECTOR RESIGNATION

VISIBLE GOLD MINES ANNOUNCES DIRECTOR RESIGNATION Canada NewsWire ROUYN-NORANDA, QC, June 26, 2023 ROUYN-NORANDA, QC, June 26, 2023 /CNW/ - Visible Gold Mines Inc. (TSXV: VGD) (FRANKFURT: 3V41...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
10000000CS
40000000CS
120000000CS
260000000CS
520000000CS
1560000000CS
2600000000CS

Market Movers

View all
  • Most Active
  • % Gainers
  • % Losers
SymbolPriceVol.
AREBAmerican Rebel Holdings Inc
$ 0.76
(152.49%)
371.46M
SHCRSharecare Inc
$ 1.365
(76.27%)
56.33M
NXLNexalin Technologies Inc
$ 1.7499
(59.08%)
57.58M
FUFUBitFuFu Inc
$ 6.1209
(56.95%)
2.5M
SPECSpectaire Holdings Inc
$ 0.50
(47.06%)
65.27M
FLFVFeutune Light Acquisition Corporation
$ 2.5502
(-69.75%)
862.38k
FLFVUFeutune Light Acquisition Corporation
$ 2.75
(-66.83%)
16.5k
RWODRedwoods Acquisition Corporation
$ 2.34
(-60.34%)
155.96k
KAVLKaival Brands Innovations Group Inc
$ 1.23
(-57.14%)
4.92M
RWODURedwoods Acquisition Corporation
$ 3.24
(-56.28%)
1.47k
NVDANVIDIA Corporation
$ 126.57
(-3.22%)
658.13M
AREBAmerican Rebel Holdings Inc
$ 0.76
(152.49%)
371.46M
SIRISirius XM Holdings Inc
$ 2.94
(1.38%)
330.66M
AAPLApple Inc
$ 207.49
(-1.04%)
246.38M
NKLANikola Corporation
$ 0.3466
(5.16%)
193.36M

VGD Discussion

View Posts
bobbyinredwood bobbyinredwood 7 years ago
Now in full production with estimated costs around 400-500 per oz.

Mexus and JV partner MarMar confirm production at Santa Elena mine
By GlobeNewswire, September 11, 2017, 03:01:00 AM EDT

CABORCA, Mexico, Sept. 11, 2017 (GLOBE NEWSWIRE) -- Mexus Gold US (OTCQB:MXSG) ("Mexus" or the "Company") along with its joint venture partner, MarMar Holdings, today announced that they have produced gold in dore form as a result of its ongoing operation at the Santa Elena mine. Mexus CEO Paul Thompson added, "This is a monumental step for Mexus and MarMar as we have met our initial goal which was to get the Santa Elena mine into production. The finances of gold sales will be released in our quarterly reports but we will keep our investors informed as key financial goals are met. The ore we are currently placing on the heap leach pad is averaging 2 grams per ton with an expected recovery rate of 76%. We know now that the high grade near surface material we are mining will result in a lower overall cost of production."

Mr. Marco Martinez, CEO of MarMar Holdings Inc., commented that the recovery of gold will be ongoing now that the recovery system is in full working order. In addition, he stated that the goal is to bring production to 10,000 tons a day by year end.

Mexus Geologist Cesar Lemas added, "During the month of August, the first 3 meter heap leach layer was completed with approximately 30,000 tons of ore being processed. Contained metallics are in the order of 2,000 to 4,000 oz Au and 10,000 to 15,000 oz Ag. Continuous leaching and Merrill Crowe processing will gradually turn the contained values into dore via our recovery system. Mining will also continue with the next 3 meter high heap layer being placed. Solution monitoring by fire assays shows steady recoveries in the order of 1.0 to 2.7 g/m3 Au in 3 to 5 days with an additional 5 up to 43 g/m3 Ag. Continued leaching will concentrate pregnant solution to the optimum values for Merrill Crowe processing. The current flow rate of 50gpm will be gradually increased to 200gpm to achieve maximum processing capacity and overall production. Additional primary filters will improve flow rates and recoveries from the solution. Parallel electrowinning is being installed to trap some of the high grade pregnant solution spots."

Mr. Thompson added, "We are hitting our stride at the right time with the price of gold moving up and the Santa Elena mine beginning to produce gold. These are exciting times for Mexus and its shareholders."

About Mexus Gold US

Mexus Gold US is an American based mining company with holdings in Mexico. Mexus recently joint ventured its flagship property with MarMar holdings of Mexico. The fully owned Santa Elena mine is located 54km NW of Caborca, Mexico. The mine is producing gold. The company is also a partner with MarMar holdings at the San Felix mine in Northern Mexico. This 26,000 + acre property is ready for production which is planned for 2018. Mexus also owns rights to the Ures property located 80km N of Hermosillo, Mexico. This property contains 6900 acres and has both gold and copper on the property. Founded in 2009, Mexus Gold US is committed to protecting the environment, mine safety and employing members of the communities in which it operates.

For more information on Mexus Gold US, visit www.mexusgoldus.com.

Cautionary Statement

Forward looking Statement: Statements in this press release may constitute forward-looking statements and are subject to numerous risks and uncertainties, including the failure to complete successfully the development of new or enhanced products, the Company's future capital needs, the lack of market demand for any new or enhanced products the Company may develop, any actions by the Company's partners that may be adverse to the Company, the success of competitive products, other economic factors affecting the Company and its markets, seasonal changes, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission. The actual results may differ materially from those contained in this press release. The Company disclaims any obligation to update any statements in this press release.

CONTACT: Inquiries - Paul Dent, 425-478-4908 pdent@mexusgoldus.com

Sure Trader - $4.95 Per-Trade + 6:1 Leverage
👍️0
moneysnip moneysnip 7 years ago
hmmmmmmm
👍️0
bobbyinredwood bobbyinredwood 8 years ago
One of the lowest cost producers in Mexico about to come on line. Should be a hell of a ride from here on out.

http://www.benzinga.com/pressreleases/16/08/g8317331/mexus-joint-venture-partner-marmar-performs-first-blasts-at-santa-elena
👍️0
PENNYl MASTER PENNYl MASTER 8 years ago
Thanks steez I will pick some up when markets reopen. Have a good day
👍️0
steez steez 8 years ago
hi penny i got a small position for now waitting for the real up side gold going to retrace for this week imo a see lots off small cap gold turning the corner march going to be fun imo have a nice day penny .
👍️0
PENNYl MASTER PENNYl MASTER 8 years ago
Hey steez I've been eyeing this stock for a while not about to make a jump in with this rally in gold for the last few weeks. What's your take on this?
👍️0
steez steez 8 years ago
looking to start a position on monday 8 for visible gold
👍️0
steez steez 8 years ago
VGD going to turn very sooon on wach
👍️0
steez steez 8 years ago
hi gold stock turning visible gold looking for a nice up reversal very soon
👍️0