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Visible Gold Mines ( (TSE:VGD) ) has provided an update.
Visible Gold Mines Inc. has received the final $750,000 cash payment from Fokus Mining Corp. for the sale of certain exploration projects, bringing total cash proceeds from the transaction to $1.5 million, alongside 10 million Fokus Mining shares now free of their four-month hold period, strengthening the company’s balance sheet and liquidity position. At its December 22, 2025 annual and special meeting, shareholders elected a three-member board, with Martin Dallaire reappointed as president and CEO and Véronique Laberge as CFO, while also renewing the stock option plan and confirming Raymond Chabot Grant Thornton LLP as auditor, underscoring continuity in governance and capital management as the company advances its gold and lithium exploration strategy in Québec.
The most recent analyst rating on (TSE:VGD) stock is a Hold with a C$0.15 price target. To see the full list of analyst forecasts on Visible Gold Mines stock, see the TSE:VGD Stock Forecast page.
Spark’s Take on TSE:VGD Stock
According to Spark, TipRanks’ AI Analyst, TSE:VGD is a Neutral.
The score is held down primarily by weak financial performance (no revenue, ongoing operating losses, and persistent cash burn despite headline TTM profit). Technicals provide support due to a strong uptrend and positive MACD, though overbought RSI raises near-term risk. Valuation appears low on P/E, but is less reliable given the quality and sustainability concerns in the underlying fundamentals.
To see Spark’s full report on TSE:VGD stock, click here.
More about Visible Gold Mines
Visible Gold Mines Inc. is a Québec-based exploration company focused on gold projects in the prolific Abitibi Gold Belt and lithium assets in the James Bay region. The company has 37,155,164 common shares outstanding and is listed on the TSX Venture Exchange under the symbol VGD.
Average Trading Volume: 39,966
Technical Sentiment Signal: Buy
Current Market Cap: C$5.68M
See more insights into VGD stock on TipRanks’ Stock Analysis page.