Garibaldi Resources (CVE:GGI) Stock Price Down 17.6%

Garibaldi Resources Corp. (CVE:GGIGet Free Report) shares were down 17.6% on Tuesday . The stock traded as low as C$0.07 and last traded at C$0.07. Approximately 230,656 shares changed hands during trading, an increase of 188% from the average daily volume of 80,226 shares. The stock had previously closed at C$0.09.

Garibaldi Resources Price Performance

The company has a debt-to-equity ratio of 0.03, a current ratio of 1.17 and a quick ratio of 1.51. The firm has a market capitalization of C$9.61 million, a price-to-earnings ratio of -2.33 and a beta of 0.91. The business’s fifty day simple moving average is C$0.11 and its 200 day simple moving average is C$0.13.

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.

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