GMV Minerals (CVE:GMV) Shares Up 29.7% – Time to Buy?

GMV Minerals Inc. (CVE:GMVGet Free Report) shares shot up 29.7% during trading on Monday . The company traded as high as C$0.25 and last traded at C$0.24. 276,038 shares were traded during mid-day trading, an increase of 389% from the average session volume of 56,423 shares. The stock had previously closed at C$0.19.

GMV Minerals Stock Performance

The stock has a market capitalization of C$21.86 million, a P/E ratio of -24.00 and a beta of 1.35. The stock has a 50-day simple moving average of C$0.15 and a 200 day simple moving average of C$0.12.

GMV Minerals Company Profile

(Get Free Report)

GMV Minerals Inc, an exploration stage company, engages in the sourcing and exploration of mineral properties in the United States. It primarily explores for gold and lithium deposits. The company holds a 100% interest in the Mexican Hat Gold Project that consists of 42 unpatented lode mining claims covering an area of approximately 4,800 acres located in Cochise County, Arizona.

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