G Mining Ventures (OTCMKTS:GMINF) Trading Up 4.7% – Still a Buy?

G Mining Ventures Corp. (OTCMKTS:GMINFGet Free Report) shares traded up 4.7% on Wednesday . The company traded as high as C$29.96 and last traded at C$29.58. 17,132 shares changed hands during mid-day trading, a decline of 63% from the average session volume of 46,737 shares. The stock had previously closed at C$28.25.

Analysts Set New Price Targets

Separately, Jefferies Financial Group reissued a “buy” rating on shares of G Mining Ventures in a research report on Sunday, December 7th. Two analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy”.

Check Out Our Latest Research Report on G Mining Ventures

G Mining Ventures Price Performance

The firm has a 50-day moving average of C$25.76 and a 200-day moving average of C$19.62.

G Mining Ventures Company Profile

(Get Free Report)

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. The company was formerly known as Kanadario Gold Inc The company was incorporated in 2017 and is based in Québec, Canada.

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