Shares of GMV Minerals Inc. (CVE:GMV – Get Free Report) were up 29.7% on Tuesday . The stock traded as high as C$0.25 and last traded at C$0.24. Approximately 276,038 shares changed hands during mid-day trading, an increase of 389% from the average daily volume of 56,423 shares. The stock had previously closed at C$0.19.
GMV Minerals Trading Up 2.0%
The firm has a 50-day simple moving average of C$0.15 and a two-hundred day simple moving average of C$0.13. The company has a market capitalization of C$23.22 million, a price-to-earnings ratio of -25.50 and a beta of 1.35.
About GMV Minerals
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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