Garibaldi Resources (CVE:GGI) Trading 26.3% Higher – Here’s What Happened

Garibaldi Resources Corp. (CVE:GGIGet Free Report)’s share price was up 26.3% during mid-day trading on Thursday . The company traded as high as C$0.12 and last traded at C$0.12. Approximately 124,450 shares were traded during mid-day trading, an increase of 112% from the average daily volume of 58,823 shares. The stock had previously closed at C$0.10.

Garibaldi Resources Price Performance

The company has a market capitalization of C$18.24 million, a PE ratio of -0.57 and a beta of 0.17. The stock has a 50-day simple moving average of C$0.13 and a 200 day simple moving average of C$0.10.

Garibaldi Resources Company Profile

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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.

Further Reading

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