Gainey Capital Corp. (GNC.V) (CVE:GNC) Stock Price Down 20%

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Gainey Capital Corp. (GNC.V) (CVE:GNC)’s stock price was down 20% during mid-day trading on Thursday . The company traded as low as C$0.06 and last traded at C$0.06. Approximately 63,600 shares changed hands during mid-day trading, a decline of 88% from the average daily volume of 539,823 shares. The stock had previously closed at C$0.08.

The business has a 50 day moving average price of C$0.03 and a 200-day moving average price of C$0.04. The company has a market capitalization of C$4.63 million and a price-to-earnings ratio of -0.11.

About Gainey Capital Corp. (GNC.V) (CVE:GNC)

Gainey Capital Corp., a gold and silver exploration company, engages in the acquisition and exploration of mineral properties. The company owns the El Colomo project covering an area of 18,766 hectares; and a mill in the gold/silver-rich Sierra Madre Occidental trend in western Mexico. It also has an option to own a 100% interest in the Las Margaritas property, which consists of two mineral concessions encompassing a total of 500 hectares located in the State of Durango, Mexico.

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