Garibaldi Resources (CVE:GGI) Stock Price Up 36.7% – Still a Buy?

Garibaldi Resources Corp. (CVE:GGIGet Free Report) traded up 36.7% during mid-day trading on Wednesday . The company traded as high as C$0.21 and last traded at C$0.21. 889,505 shares traded hands during mid-day trading, an increase of 258% from the average session volume of 248,333 shares. The stock had previously closed at C$0.15.

Garibaldi Resources Trading Up 33.3%

The company has a market cap of C$30.41 million, a PE ratio of -0.95 and a beta of 0.01. The business’s 50 day moving average is C$0.12 and its two-hundred day moving average is C$0.11.

About Garibaldi Resources

(Get Free Report)

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.

Read More

Receive News & Ratings for Garibaldi Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Garibaldi Resources and related companies with MarketBeat.com's FREE daily email newsletter.