G Mining Ventures (OTCMKTS:GMINF) Trading Down 0.1% – Here’s What Happened

G Mining Ventures Corp. (OTCMKTS:GMINF)’s stock price was down 0.1% during trading on Tuesday . The company traded as low as C$31.36 and last traded at C$31.78. Approximately 21,049 shares traded hands during trading, a decline of 76% from the average daily volume of 86,132 shares. The stock had previously closed at C$31.80.

Analysts Set New Price Targets

Separately, Jefferies Financial Group reaffirmed a “buy” rating on shares of G Mining Ventures in a research note on Sunday, December 7th. Two research analysts have rated the stock with a Buy rating, According to MarketBeat, the company presently has an average rating of “Buy”.

G Mining Ventures Stock Down 2.3%

The firm has a fifty day moving average of C$22.90 and a 200-day moving average of C$17.93.

About G Mining Ventures

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.