Shares of Garibaldi Resources Corp. (CVE:GGI – Get Free Report) fell 9.5% during trading on Wednesday . The stock traded as low as C$0.10 and last traded at C$0.10. 202,426 shares traded hands during mid-day trading, an increase of 244% from the average session volume of 58,794 shares. The stock had previously closed at C$0.11.
Garibaldi Resources Trading Up 4.8%
The stock has a market cap of C$16.72 million, a price-to-earnings ratio of -0.52 and a beta of 0.17. The company’s fifty day moving average is C$0.12 and its two-hundred day moving average is C$0.11.
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. The company was incorporated in 1993 and is headquartered in Vancouver, Canada.
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