Garibaldi Resources Corp. (CVE:GGI – Get Free Report) shares reached a new 52-week low on Tuesday. The company traded as low as C$0.06 and last traded at C$0.06, with a volume of 151,600 shares traded. The stock had previously closed at C$0.06.
Garibaldi Resources Trading Down 8.3%
The company’s 50-day simple moving average is C$0.07 and its 200-day simple moving average is C$0.10. The stock has a market capitalization of C$8.36 million, a price-to-earnings ratio of -5.50 and a beta of -1.21.
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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