Garibaldi Resources (CVE:GGI) Trading 43.3% Higher – What’s Next?

Garibaldi Resources Corp. (CVE:GGIGet Free Report) traded up 43.3% during mid-day trading on Thursday . The stock traded as high as C$0.22 and last traded at C$0.22. 970,124 shares were traded 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 Stock Performance

The company has a market cap of C$29.65 million, a price-to-earnings ratio of -0.93 and a beta of 0.01. The firm’s 50-day moving average price is C$0.12 and its 200 day moving average price is 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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