Garibaldi Resources Corp. (CVE:GGI – Get Free Report)’s stock price dropped 18.8% during mid-day trading on Friday . The company traded as low as C$0.07 and last traded at C$0.07. 1,347,482 shares were traded during trading, an increase of 1,403% from the average daily volume of 89,678 shares. The stock had previously closed at C$0.08.
Garibaldi Resources Stock Down 18.8%
The company has a market cap of C$9.88 million, a PE ratio of -6.50 and a beta of -0.85. The business has a 50-day simple moving average of C$0.08 and a 200-day simple moving average of C$0.10.
Garibaldi Resources Company Profile
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.
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