GMV Minerals (CVE:GMV) Trading Down 14.3% – Time to Sell?

GMV Minerals Inc. (CVE:GMVGet Free Report)’s share price traded down 14.3% during trading on Wednesday . The company traded as low as C$0.12 and last traded at C$0.12. 132,468 shares traded hands during trading, an increase of 163% from the average session volume of 50,394 shares. The stock had previously closed at C$0.14.

GMV Minerals Stock Performance

The firm has a 50-day simple moving average of C$0.11 and a two-hundred day simple moving average of C$0.13. The company has a market capitalization of C$14.12 million, a price-to-earnings ratio of -15.50 and a beta of 1.35.

GMV Minerals Company Profile

(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.

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