Garibaldi Resources (CVE:GGI) Shares Up 26.3% – Time to Buy?

Garibaldi Resources Corp. (CVE:GGIGet Free Report)’s stock price traded up 26.3% during mid-day trading on Thursday . The company traded as high as C$0.12 and last traded at C$0.12. 124,450 shares changed hands during trading, an increase of 112% from the average session volume of 58,823 shares. The stock had previously closed at C$0.10.

Garibaldi Resources Trading Down 8.3%

The company has a market cap of C$16.72 million, a PE ratio of -0.52 and a beta of 0.17. The business has a fifty day moving average of C$0.13 and a 200-day moving average of C$0.10.

About Garibaldi Resources

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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.

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