Garibaldi Resources (CVE:GGI) Reaches New 52-Week Low – Should You Sell?

Garibaldi Resources Corp. (CVE:GGIGet Free Report) shares hit a new 52-week low during mid-day trading on Monday . The company traded as low as C$0.06 and last traded at C$0.06, with a volume of 60500 shares traded. The stock had previously closed at C$0.06.

Garibaldi Resources Price Performance

The company has a fifty day moving average price of C$0.08 and a two-hundred day moving average price of C$0.11. The company has a market capitalization of C$8.36 million, a P/E ratio of -5.50 and a beta of -0.93.

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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