Garibaldi Resources (CVE:GGI) Stock Price Up 43.3% – Here’s What Happened

Shares of Garibaldi Resources Corp. (CVE:GGIGet Free Report) rose 43.3% on Wednesday . The company traded as high as C$0.22 and last traded at C$0.22. Approximately 970,124 shares were traded during 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 Up 43.3%

The stock has a market cap of C$32.69 million, a price-to-earnings ratio of -1.02 and a beta of 0.01. The stock has a 50 day simple moving average of C$0.12 and a 200 day simple moving average of C$0.11.

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. The company was incorporated in 1993 and is headquartered in Vancouver, Canada.

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