GMV Minerals (CVE:GMV) Sets New 12-Month Low – Here’s Why

GMV Minerals Inc. (CVE:GMVGet Free Report) reached a new 52-week low during trading on Wednesday . The stock traded as low as C$0.12 and last traded at C$0.12, with a volume of 53600 shares trading hands. The stock had previously closed at C$0.12.

GMV Minerals Stock Up 4.2%

The company has a market cap of C$15.33 million, a P/E ratio of -4.17 and a beta of 1.94. The business has a 50-day moving average price of C$0.15 and a two-hundred day moving average price of C$0.20.

About GMV Minerals

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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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