Garibaldi Resources (CVE:GGI) Trading Up 26.3% – Time to Buy?

Shares of Garibaldi Resources Corp. (CVE:GGIGet Free Report) shot up 26.3% during trading on Friday . The company traded as high as C$0.12 and last traded at C$0.12. 124,450 shares were traded during mid-day trading, an increase of 112% from the average session volume of 58,823 shares. The stock had previously closed at C$0.10.

Garibaldi Resources Price Performance

The stock has a market capitalization of C$18.24 million, a price-to-earnings ratio of -0.57 and a beta of 0.17. The stock has a 50-day moving average of C$0.13 and a 200 day moving average of C$0.10.

About Garibaldi Resources

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for Garibaldi Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Garibaldi Resources and related companies with MarketBeat.com's FREE daily email newsletter.