GMV Minerals (CVE:GMV) Sets New 1-Year Low – Time to Sell?

Shares of GMV Minerals Inc. (CVE:GMVGet Free Report) reached a new 52-week low during trading on Thursday . The company traded as low as C$0.16 and last traded at C$0.17, with a volume of 252641 shares trading hands. The stock had previously closed at C$0.16.

GMV Minerals Stock Down 3.1%

The business’s 50-day moving average price is C$0.19 and its 200 day moving average price is C$0.22. The company has a market capitalization of C$19.01 million, a P/E ratio of -7.75 and a beta of 1.69.

About GMV Minerals

(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. It also holds interest in the Daisy Creek Lithium project, consisting of eighty-two lode claims covering an area of 18 square miles and located in Lander County, north-central Nevada.

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