Visible Gold Mines Inc.

Visible Gold Mines Inc.verified

VGMIF

Price:

$0.09

Market Cap:

$5.20M

Visible Gold Mines Inc. acquires and explores for gold mineral deposits in Canada. The company holds a 100% interest in the Cadillac project comprising 145 mining claims covering approximately 5,000 hectares located in west of Rouyn-Noranda, Québec; the Piko property covering 26 mining claims situated in Abitibi-Témiscamingue in Québec; and the Veronik gold property that consists of 78 mining claims located in southeast of Hecla's Casa Berardi gold mine. In addition, it holds interest in the Horsefly Property with 175 mining claims covering an area of 6,050 hectares located in the Druillettes and Gradis townships; the Doda project that consists of 25 mining claims covering an area of approxi...[Read more]

Industry

Gold

IPO Date

2010-01-05

Stock Exchange

OTC

Ticker

VGMIF

The Current Ratio as of December 2025 (TTM) for Visible Gold Mines Inc. (VGMIF) is 0.08

According to Visible Gold Mines Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.08. This represents a change of -25.30% compared to the average of 0.11 of the last 4 quarters.

Visible Gold Mines Inc. (VGMIF) Historical Current Ratio (quarterly & annually)

How has VGMIF Current Ratio performed in the past?

The mean historical Current Ratio of Visible Gold Mines Inc. over the last ten years is 3.06. The current 0.08 Current Ratio has changed 159.30% with respect to the historical average. Over the past ten years (40 quarters), VGMIF's Current Ratio was at its highest in in the January 2016 quarter at 14.53. The Current Ratio was at its lowest in in the January 2020 quarter at 0.07.

Quarterly (TTM)
Annual

Average

3.06

Median

1.04

Minimum

0.08

Maximum

8.81

Visible Gold Mines Inc. (VGMIF) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Visible Gold Mines Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 9.94%

Maximum Annual Current Ratio = 8.81

Minimum Annual Increase = -95.23%

Minimum Annual Current Ratio = 0.08

Quarterly (TTM)
Annual
YearCurrent RatioChange
20240.12-76.63%
20230.51-67.47%
20221.57-80.23%
20217.969.94%
20200.08-60.36%
20190.20-25.35%
20180.27-95.23%
20175.61-36.31%
20168.8160.45%
20155.49-54.59%

Visible Gold Mines Inc. (VGMIF) Average Current Ratio

How has VGMIF Current Ratio performed in the past?

The current Current Ratio of Visible Gold Mines Inc. (VGMIF) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

0.74

5-year avg

2.05

10-year avg

3.06

Visible Gold Mines Inc. (VGMIF) Current Ratio vs. Peers

How is VGMIF’s Current Ratio compared to its peers?

Visible Gold Mines Inc.’s Current Ratio is less than Bedford Metals Corp. (123.89), less than Delta Resources Limited (2.74), less than McFarlane Lake Mining Limited (0.70), less than CANEX Metals Inc. (6.32), less than Goldstorm Metals Corp. (6.55), less than Orecap Invest Corp. (0), less than Labrador Gold Corp. (74.77), less than Irving Resources Inc. (4.09), less than Precipitate Gold Corp. (12.78), greater than Goldbank Mining Corporation (0.02),

Build a custom stock screener for Visible Gold Mines Inc. (VGMIF) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Visible Gold Mines Inc. using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Visible Gold Mines Inc. (VGMIF) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Visible Gold Mines Inc. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the Current Ratio?

How can you use the Current Ratio?

What is Visible Gold Mines Inc.'s Current Ratio?

How is the Current Ratio calculated for Visible Gold Mines Inc. (VGMIF)?

What is the highest Current Ratio for Visible Gold Mines Inc. (VGMIF)?

What is the 3-year average Current Ratio for Visible Gold Mines Inc. (VGMIF)?

What is the 5-year average Current Ratio for Visible Gold Mines Inc. (VGMIF)?

How does the current Current Ratio for Visible Gold Mines Inc. (VGMIF) compare to its historical average?