Garibaldi Resources Corp. (CVE:GGI – Get Free Report) rose 36.7% during mid-day trading on Wednesday . The company traded as high as C$0.21 and last traded at C$0.21. Approximately 889,505 shares were traded during mid-day trading, an increase of 258% from the average daily volume of 248,333 shares. The stock had previously closed at C$0.15.
Garibaldi Resources Stock Performance
The company has a market cap of C$29.65 million, a PE ratio of -0.93 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
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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