Gainey Capital (CVE:GNC) Hits New 12-Month Low at $0.04

Gainey Capital Corp (CVE:GNC) shares reached a new 52-week low during trading on Thursday . The stock traded as low as C$0.04 and last traded at C$0.04, with a volume of 223000 shares changing hands. The stock had previously closed at C$0.05.

The stock has a market capitalization of $4.21 million and a price-to-earnings ratio of -3.21. The firm has a 50-day moving average of C$0.06 and a 200 day moving average of C$0.07.

About Gainey Capital (CVE:GNC)

Gainey Capital Corp., a gold and silver exploration company, engages in the acquisition and exploration of mineral properties. The company owns the El Colomo project covering an area of 18,766 hectares; and a mill in the gold/silver-rich Sierra Madre Occidental trend in western Mexico. It also has an option agreement to own a 100% interest in the Las Margaritas property, which consists of two mineral concessions encompassing a total of 500 hectares located in the State of Durango, Mexico.

See Also: Put Option

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