Garibaldi Resources Corp. (CVE:GGI – Get Free Report)’s share price shot up 43.3% on Wednesday . The company traded as high as C$0.22 and last traded at C$0.22. 970,124 shares were traded during mid-day trading, an increase of 251% from the average session volume of 276,100 shares. The stock had previously closed at C$0.15.
Garibaldi Resources Price Performance
The company has a 50 day simple moving average of C$0.12 and a 200 day simple moving average of C$0.11. The company has a market capitalization of C$29.65 million, a price-to-earnings ratio of -0.93 and a beta of 0.01.
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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