Shares of Garibaldi Resources Corp. (CVE:GGI – Get Free Report) rose 26.3% during trading on Thursday . The stock traded as high as C$0.12 and last traded at C$0.12. Approximately 124,450 shares were traded during trading, an increase of 112% from the average daily volume of 58,823 shares. The stock had previously closed at C$0.10.
Garibaldi Resources Price Performance
The business’s fifty day simple moving average is C$0.13 and its two-hundred day simple moving average is C$0.10. The company has a market cap of C$16.72 million, a PE ratio of -0.52 and a beta of 0.17.
About Garibaldi Resources
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.
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