GMV Minerals (CVE:GMV) Stock Price Up 28.6% – Still a Buy?

Shares of GMV Minerals Inc. (CVE:GMVGet Free Report) rose 28.6% during mid-day trading on Thursday . The stock traded as high as C$0.14 and last traded at C$0.14. Approximately 279,000 shares changed hands during trading, an increase of 473% from the average daily volume of 48,726 shares. The stock had previously closed at C$0.11.

GMV Minerals Trading Up 28.6 %

The stock has a market capitalization of C$12.29 million, a P/E ratio of -13.50 and a beta of 1.35. The firm’s fifty day moving average is C$0.11 and its 200-day moving average is C$0.13.

About GMV Minerals

(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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