Garibaldi Resources (CVE:GGI) Trading Up 26.3% – Should You Buy?

Garibaldi Resources Corp. (CVE:GGIGet Free Report) shares rose 26.3% on Thursday . The stock traded as high as C$0.12 and last traded at C$0.12. Approximately 124,450 shares changed hands 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 Trading Up 26.3%

The firm has a fifty day moving average of C$0.13 and a two-hundred day moving average of C$0.10. The company has a market cap of C$18.24 million, a PE ratio of -0.57 and a beta of 0.17.

About Garibaldi Resources

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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.

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