Shares of Garibaldi Resources Corp. (CVE:GGI – Get Free Report) were down 20% during trading on Thursday . The stock traded as low as C$0.08 and last traded at C$0.08. Approximately 242,694 shares were traded during trading, an increase of 323% from the average daily volume of 57,324 shares. The stock had previously closed at C$0.10.
Garibaldi Resources Trading Down 20.0 %
The firm has a market cap of C$10.99 million, a PE ratio of -3.33 and a beta of 0.63. The company has a quick ratio of 1.51, a current ratio of 0.54 and a debt-to-equity ratio of 0.03. The company’s 50 day moving average price is C$0.09 and its two-hundred day moving average price is C$0.10.
Garibaldi Resources Company Profile
Garibaldi Resources Corp., an exploration stage company, engages in the acquisition, exploration, and evaluation of mineral properties in Canada and Mexico. The company explores for nickel, copper, cobalt, platinum, palladium, gold, and silver deposits. Its flagship property is 100% owned E&L Nickel Mountain Project located to Northwest British Columbia.
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