Garibaldi Resources Corp. (CVE:GGI – Get Free Report) rose 43.3% during mid-day trading on Thursday . The company traded as high as C$0.22 and last traded at C$0.22. Approximately 970,124 shares traded hands during mid-day trading, an increase of 251% from the average daily volume of 276,100 shares. The stock had previously closed at C$0.15.
Garibaldi Resources Stock Performance
The company’s 50-day moving average price is C$0.12 and its 200 day moving average price is C$0.11. The stock has a market capitalization of C$29.65 million, a P/E ratio of -0.93 and a beta of 0.01.
About Garibaldi Resources
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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