Garibaldi Resources (CVE:GGI) Trading Up 43.3% – Time to Buy?

Garibaldi Resources Corp. (CVE:GGIGet Free Report)’s stock price traded up 43.3% during mid-day trading on Thursday . The company traded as high as C$0.22 and last traded at C$0.22. 970,124 shares were traded during mid-day trading, an increase of 251% from the average session volume of 276,100 shares. The stock had previously closed at C$0.15.

Garibaldi Resources Stock Performance

The business has a 50 day moving average of C$0.12 and a two-hundred day moving average of C$0.11. The stock has a market capitalization of C$29.65 million, a PE ratio of -0.93 and a beta of 0.01.

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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