Garibaldi Resources (CVE:GGI) Trading Up 26.3% – Here’s What Happened

Garibaldi Resources Corp. (CVE:GGIGet Free Report)’s stock price rose 26.3% during trading on Friday . The company traded as high as C$0.12 and last traded at C$0.12. Approximately 124,450 shares were traded during mid-day trading, an increase of 112% from the average daily volume of 58,823 shares. The stock had previously closed at C$0.10.

Garibaldi Resources Trading Down 8.3%

The business’s fifty day moving average is C$0.13 and its 200 day moving average 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.

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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