GMV Minerals (CVE:GMV) Trading Up 23.8% – Time to Buy?

GMV Minerals Inc. (CVE:GMVGet Free Report)’s share price shot up 23.8% on Wednesday . The stock traded as high as C$0.13 and last traded at C$0.13. 198,500 shares traded hands during trading, an increase of 326% from the average session volume of 46,607 shares. The stock had previously closed at C$0.11.

GMV Minerals Trading Up 28.6 %

The firm’s 50 day moving average is C$0.11 and its two-hundred day moving average is C$0.13. The stock has a market cap of C$12.29 million, a price-to-earnings ratio of -13.50 and a beta of 1.35.

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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