GMV Minerals (CVE:GMV) Shares Down 13.8% – Here’s What Happened

GMV Minerals Inc. (CVE:GMVGet Free Report) shares fell 13.8% on Thursday . The company traded as low as C$0.12 and last traded at C$0.12. Approximately 175,427 shares traded hands during trading, a decline of 42% from the average daily volume of 303,206 shares. The stock had previously closed at C$0.14.

GMV Minerals Price Performance

The stock has a market capitalization of C$15.33 million, a P/E ratio of -4.17 and a beta of 1.82. The company’s 50-day simple moving average is C$0.17 and its 200-day simple moving average is C$0.21.

About GMV Minerals

(Get Free Report)

GMV Minerals Inc, an exploration stage company, engages in the sourcing and exploration of mineral properties in the United States. It primarily explores for gold and lithium deposits. The company holds a 100% interest in the Mexican Hat Gold Project that consists of 42 unpatented lode mining claims covering an area of approximately 4,800 acres located in Cochise County, Arizona. It also holds interest in the Daisy Creek Lithium project, consisting of eighty-two lode claims covering an area of 18 square miles and located in Lander County, north-central Nevada.

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