Garibaldi Resources (CVE:GGI) Stock Price Up 43.3% – Should You Buy?

Garibaldi Resources Corp. (CVE:GGIGet Free Report) traded up 43.3% during trading on Thursday . The stock traded as high as C$0.22 and last traded at C$0.22. 970,124 shares traded hands during mid-day trading, an increase of 251% from the average session volume of 276,100 shares. The stock had previously closed at C$0.15.

Garibaldi Resources Price Performance

The stock has a market cap of C$29.65 million, a price-to-earnings ratio of -0.93 and a beta of 0.01. The business has a fifty day moving average of C$0.12 and a 200 day moving average of C$0.11.

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. The company was incorporated in 1993 and is headquartered in Vancouver, Canada.

Further Reading

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