Garibaldi Resources Corp. (CVE:GGI – Get Free Report) rose 43.3% during trading on Wednesday . The company traded as high as C$0.22 and last traded at C$0.22. Approximately 970,124 shares changed hands during trading, an increase of 251% from the average daily volume of 276,100 shares. The stock had previously closed at C$0.15.
Garibaldi Resources Price Performance
The firm has a market cap of C$32.69 million, a P/E ratio of -1.02 and a beta of 0.01. The firm’s 50-day moving average price is C$0.12 and its 200 day moving average price 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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