Garibaldi Resources Corp. (CVE:GGI – Get Free Report) shares shot up 26.3% on Friday . The company traded as high as C$0.12 and last traded at C$0.12. 124,450 shares changed hands during trading, an increase of 112% from the average session volume of 58,823 shares. The stock had previously closed at C$0.10.
Garibaldi Resources Price Performance
The stock’s 50-day moving average price is C$0.13 and its 200-day moving average price is C$0.10. The company has a market cap of C$16.72 million, a P/E ratio of -0.52 and a beta of 0.17.
About Garibaldi Resources
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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