Garibaldi Resources Corp. (CVE:GGI – Get Free Report)’s stock price was down 20% during mid-day trading on Thursday . The stock traded as low as C$0.08 and last traded at C$0.08. Approximately 242,694 shares changed hands during mid-day trading, an increase of 323% from the average daily volume of 57,324 shares. The stock had previously closed at C$0.10.
Garibaldi Resources Price Performance
The company’s 50 day moving average is C$0.09 and its 200-day moving average is C$0.10. The company has a current ratio of 0.54, a quick ratio of 1.51 and a debt-to-equity ratio of 0.03. The firm has a market capitalization of C$10.99 million, a price-to-earnings ratio of -3.33 and a beta of 0.63.
Garibaldi Resources Company Profile
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.
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