G Mining Ventures (OTCMKTS:GMINF) Stock Price Up 5.7% – Here’s Why

G Mining Ventures Corp. (OTCMKTS:GMINFGet Free Report) was up 5.7% during mid-day trading on Friday . The stock traded as high as C$23.28 and last traded at C$23.28. Approximately 42,194 shares traded hands during trading, a decline of 48% from the average daily volume of 81,087 shares. The stock had previously closed at C$22.03.

G Mining Ventures Stock Performance

The stock has a 50 day simple moving average of C$20.70 and a two-hundred day simple moving average of C$16.28.

G Mining Ventures Company Profile

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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.

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