G Mining Ventures (OTCMKTS:GMINF) Stock Price Up 0.5% – Still a Buy?

G Mining Ventures Corp. (OTCMKTS:GMINF) was up 0.5% on Tuesday . The stock traded as high as C$23.10 and last traded at C$22.96. Approximately 74,544 shares traded hands during mid-day trading, a decline of 12% from the average daily volume of 84,294 shares. The stock had previously closed at C$22.85.

Analysts Set New Price Targets

Separately, National Bankshares reissued an “outperform” rating on shares of G Mining Ventures in a report on Tuesday, June 24th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, G Mining Ventures has an average rating of “Buy”.

G Mining Ventures Price Performance

The business has a fifty day moving average of C$17.11 and a 200-day moving average of C$14.73.

About G Mining Ventures

G Mining Ventures Corp. engages in the acquisition, exploration, evaluation, and development of mineral properties. Its flagship project is the Tocantinzinho gold project that includes two mining concessions covering an area of 12,889 hectares, 23 exploration licenses covering an area of 76,116 hectares, and two applications for exploration licenses covering an area of 9,395 hectares located in Pará State, Brazil.