GMV Minerals (CVE:GMV) Trading Down 19% – Time to Sell?

GMV Minerals Inc. (CVE:GMVGet Free Report) dropped 19% during trading on Thursday . The company traded as low as C$0.17 and last traded at C$0.17. Approximately 234,062 shares were traded during trading, an increase of 313% from the average daily volume of 56,671 shares. The stock had previously closed at C$0.21.

GMV Minerals Stock Performance

The firm has a 50 day moving average of C$0.21 and a two-hundred day moving average of C$0.15. The stock has a market cap of C$15.48 million, a P/E ratio of -17.00 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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