1. Canada Stocks

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    Basic Materials

  3. •

    Gold
Visible Gold Mines Inc.

Visible Gold Mines Inc.

VGMIF
Visible Gold Mines Inc.US flagOther OTC
0.15
USD
- -
- -
5.57MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Basic EPS, GAAP
-0.42
-0.14
-0.63
-0.07
-0.04
-0.04
-0.21
-0.01
-0.02
-0.12
-0.03
-0.02
-0.01
0.07
Free Cash Flow per Basic Share
-0.05
-0.1
-0.07
-0.04
-0.03
-0.02
-0.02
- -
-0.02
-0.01
-0.01
- -
- -
-0.02
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-1.83
-1.97
-2.1
-1.63
0.23
0.17
-0.06
-0.04
-0.02
-0.14
-0.16
-0.18
-0.18
-0.1
Tangible Book Value per Share
1.87
1.72
0.96
0.81
0.65
0.56
0.27
0.21
0.17
0.04
0.02
-0.01
-0.01
0.07
Basic Weighted Avg Shares
6
6
8
11
13
14
17
23
32
34
34
35
37
37
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
-2
-1
-5
-1
-1
-1
-4
- -
-1
-4
-1
-1
- -
3
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
2
1
1
1
- -
- -
- -
- -
- -
- -
- -
- -
-1
1
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Total Equity
11
10
8
9
8
8
5
5
5
1
1
- -
-1
3
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
-37.64
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
-56.61
Return on Common Equity (%)
- -
- -
- -
- -
- -
-20.44
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

•

in mil. unless spec.
Jul'25
Oct'26
Jan'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
37
37
37
Market Capitalization
1
5
6

Working Capital

FRC

•

in mil. unless spec.
Jul'25
Oct'26
Jan'26
Total Current Assets
- -
- -
1
Cash, Cash Equivalents & STI
- -
- -
1
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
1
- -
- -
Payables & Accruals
1
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-11.45%
-15.98%
177.65%
Free Cash Flow
-196.94%
-357.21%
10.28%
Net Income, GAAP
79.77%
87.18%
-35.37%
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
-0.02
2025
- -
- -
-0.01
- -
-0.01
2026
0.06
0.02
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Jean-Marc Lacoste
Sector
Basic Materials
Industry
Gold
Address
147 Québec Avenue Rouyn-Noranda QC Canada J9X 6M8
IPO Date
Jan 5, 2010
Website
visiblegoldmines.com
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Business
Visible Gold Mines Inc. is a Canadian mineral exploration company engaged in the acquisition, exploration, and evaluation of mineral properties, primarily focusing on gold and lithium deposits. The company's core assets include a portfolio of gold projects such as Piko, Veronik, Project 167, Green Giant, Hazeur, Lucky Break (Cadillac), Stadacona-East, and Silidor-Capricorne, as well as lithium properties within the James Bay region, including the MegaLi, CarLi, and NataLi projects. Visible Gold Mines specializes in gold and lithium exploration and evaluation, targeting mineral-rich regions in Canada, particularly Quebec. It operates primarily as a junior project generator within the mining sector. The company was incorporated in 2007 and is headquartered in Rouyn-Noranda, Quebec, Canada. Visible Gold Mines focuses on exploration and evaluation activities with the aim of developing mining projects or engaging in strategic partnerships or sales of mineral properties. In recent major corporate developments, Visible Gold Mines completed a property sale to Fokus Mining Corporation, receiving an initial payment of CAD 750,000 and 10 million shares valued at approximately CAD 1.75 million, with a second payment of CAD 750,000 expected by December 2025. The company has undergone strategic divestments, including the planned abandonment of the CarLi and NataLi lithium projects due to insufficient exploration, and a likely reversion of the MegaLi project from its optionee SPOD Lithium due to financing challenges in the lithium sector. Visible Gold Mines is also initiating marketing efforts to promote its gold assets and corporate structure to investors amid favorable market conditions for gold exploration. The company operates exclusively in Canada, concentrating on exploration in the Abitibi region of Quebec. It maintains a single reporting segment covering exploration and evaluation of mineral resources. The company’s leadership includes Martin Dallaire as President and CEO and Veronique Laberge as CFO. Overall, Visible Gold Mines Inc. provides specialized mineral exploration services with an emphasis on gold and lithium in Canada, leveraging project acquisitions, exploration programs, and strategic transactions to enhance shareholder value while navigating challenges in the lithium market.