G Mining Ventures (OTCMKTS:GMINF) Stock Price Down 3.7% – Here’s Why

G Mining Ventures Corp. (OTCMKTS:GMINF)’s stock price was down 3.7% during mid-day trading on Tuesday . The company traded as low as C$12.30 and last traded at C$12.64. Approximately 125,364 shares changed hands during mid-day trading, an increase of 50% from the average daily volume of 83,739 shares. The stock had previously closed at C$13.12.

Analysts Set New Price Targets

Separately, National Bankshares reiterated an “outperform” rating on shares of G Mining Ventures in a research note on Wednesday, April 2nd.

G Mining Ventures Stock Down 3.7%

The firm’s 50-day simple moving average is C$14.12 and its 200-day simple moving average is C$11.62.

G Mining Ventures Company Profile

G Mining Ventures Corp. engages in the acquisition, exploration, evaluation, and development of mineral properties. Its flagship project is the Tocantinzinho gold project that includes two mining concessions covering an area of 12,889 hectares, 23 exploration licenses covering an area of 76,116 hectares, and two applications for exploration licenses covering an area of 9,395 hectares located in Pará State, Brazil.