Visible Gold Mines (TSXV:VGD) Moat Score: 2/10 (As of Jul. 03, 2026)


TSXV:VGD Visible Gold Mines Inc TSXV:VGD
38 GF Score
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What is Visible Gold Mines Moat Score?

Visible Gold Mines TSXV:VGD 38 Moat Score is 2 as of Jul. 03, 2026. GuruFocus rates TSXV:VGD with a GF Score™ of 38/100. Among 2,612 Metals & Mining companies, Visible Gold Mines ranks better than 83.23% on this metric.

Visible Gold Mines has the Moat Score of 2, which implies that the company might have No Moat - Very weak/transient advantages.

Visible Gold Mines has No Moat: Visible Gold Mines Inc lacks significant competitive advantages. The company does not exhibit strong market leadership, brand strength, or proprietary technology, and there are no significant regulatory barriers protecting its market position.

Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.

The company's Moat Score is based on these criteria:

1. Market leadership and sustainable market share
2. Network effects and significant customer switching costs
3. Valuable intellectual property and patents
4. Strong brand strength and deep customer loyalty
5. Durable cost advantages (e.g., economies of scale, proprietary technology)
6. Significant regulatory barriers and exclusive licenses
7. Superior distribution network
8. Strong and sustainable pricing power
9. Consistent and impactful innovation and R&D capabilities

Based on the research, GuruFocus believes Visible Gold Mines might have No Moat - Very weak/transient advantages.

Visible Gold Mines  (TSXV:VGD) Moat Score Explanation

The Moat Score ranges from 0 to 10, with 10 as the highest. GuruFocus divided Moat Score into following 8 categories:

Moat Score Moat Level
10Wide Moat - Exceptionally dominant and durable wide moat
8 - 9Wide Moat - Clear and robust wide moat
7Wide Moat - Entry-level wide moat, clearly possessing durable advantages
6Narrow Moat - Strong narrow moat, clearly distinguishable but not wide
5Narrow Moat - Solid narrow moat
4Narrow Moat - Discernible but modest moat
1 - 3No Moat - Very weak/transient advantages
0No Moat - No discernible moat

Visible Gold Mines Moat Score Related Terms

TSXV:VGD vs NEM, AU: Moat Score Comparison

For the Gold subindustry, Visible Gold Mines's Moat Score, along with its competitors' market caps and Moat Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Visible Gold Mines Moat Score vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Visible Gold Mines's Moat Score distribution charts can be found below:

* The bar in red indicates where Visible Gold Mines's Moat Score falls into.


TSXV:VGD
38GF Score
Visible Gold Mines Inc TSXV:VGD
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Moat Score →
What does a Moat Score of 2 mean?
Visible Gold Mines (TSXV:VGD) has a Moat Score of 2 as of Jul. 03, 2026. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. According to the industry distribution chart, Visible Gold Mines ranks #438 out of 2612 companies in the Metals & Mining industry, placing it in the top 16.8%.
Is Visible Gold Mines' Moat Score too high?
Visible Gold Mines' current Moat Score is 2. The Metals & Mining industry median Moat Score is 1.00. Visible Gold Mines' value of 2 is 100% above this industry median. Based on the distribution chart, Visible Gold Mines ranks #438 out of 2612 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Visible Gold Mines has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does Visible Gold Mines' Moat Score compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Visible Gold Mines ranks #438 out of 2612 companies for Moat Score. This places Visible Gold Mines in the top 17% of its industry — outperforming the majority of peers. The industry median Moat Score is 1.00. Visible Gold Mines' value of 2 is 100% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Moat Score for a Metals & Mining company?
The median Moat Score among Metals & Mining companies is 1.00, based on 2,612 companies in the industry. Companies in the top quartile (top 25%) have a Moat Score significantly above this median, while those in the bottom quartile fall well below. However, Moat Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Visible Gold Mines's current Moat Score of 2 is 100% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Moat Score mean?
A high Moat Score can signal that a stock is expensive relative to its fundamentals. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. For the Metals & Mining industry, the median Moat Score is 1.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Visible Gold Mines's current Moat Score is 2. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Visible Gold Mines stock overvalued right now?
Visible Gold Mines (TSXV:VGD) has a current Moat Score of 2. The current Moat Score is 2 and 100% above the Metals & Mining industry median of 1.00. Visible Gold Mines' overall GF Score™ is 38/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Moat Score calculated?
Moat Score is calculated from a company's financial statements. For Visible Gold Mines (TSXV:VGD), the current Moat Score is 2 as of Jul. 03, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Visible Gold Mines Business Description

Other Exchanges VGMIF:USA3V41:Germany
Address 147 Avenue Quebec (porte arriere), Rouyn-Noranda, QC, CAN, J9X 6M8
Visible Gold Mines Inc is engaged in the acquisition and exploration of mineral properties with prospects for hosting gold mineral deposits in Canada. The company has a single reporting segment, being the exploration and evaluation of mineral resources. Its projects include the Cadillac Break, Lucky Break, Silidor, Stadacona, Wasa Creek, and Wasa East projects, and a minority interest in the Capricorn project, all located along the Cadillac-Larder Lake near the town of Rouyn-Noranda in the province of Quebec, Canada. Its Lithium James Bay projects include Megali, Carli, and Natali.
38GF Score

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Moat Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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