Golden Valley Mines Ltd. (CVE:GZZ – Get Free Report)’s share price fell 2% on Wednesday. The stock traded as low as C$12.26 and last traded at C$12.49. Approximately 11,550 shares were traded during mid-day trading, a decline of 28% from the average session volume of 16,029 shares. The stock had previously closed at C$12.74.
Golden Valley Mines Stock Down 2.0%
The company has a debt-to-equity ratio of 0.22, a quick ratio of 8.71 and a current ratio of 2.01. The stock has a market cap of C$171.65 million and a P/E ratio of 35.60. The stock’s fifty day simple moving average is C$12.49 and its 200-day simple moving average is C$12.49.
Golden Valley Mines Company Profile
Golden Valley Mines Ltd., together with its subsidiaries, engages in identifying, acquiring, and developing exploration and evaluation minerals in Canada. The company primarily explores for gold, copper, zinc, cobalt, silver, molybdenum, nickel, and platinum-group elements. Its assets include 17 exploration properties located in the Abitibi Greenstone Belt; the James Bay, Mistassini, and Otish regions of northern Quebec; the Nunavik region of northern Quebec; and the Athabasca Basin of Saskatchewan.
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