Garibaldi Resources (CVE:GGI) Trading Up 26.3% – Should You Buy?

Garibaldi Resources Corp. (CVE:GGIGet Free Report)’s stock price was up 26.3% during mid-day trading on Thursday . The stock traded as high as C$0.12 and last traded at C$0.12. Approximately 124,450 shares traded hands during mid-day trading, an increase of 112% from the average daily volume of 58,823 shares. The stock had previously closed at C$0.10.

Garibaldi Resources Stock Down 8.3%

The stock has a market cap of C$16.72 million, a P/E ratio of -0.52 and a beta of 0.17. The firm has a 50 day simple moving average of C$0.13 and a 200-day simple moving average of C$0.10.

Garibaldi Resources Company Profile

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Garibaldi Resources Corp., an exploration stage company, engages in the acquisition, exploration, and evaluation of mineral properties in Canada and Mexico. The company explores for nickel, copper, cobalt, platinum, palladium, gold, and silver deposits. Its flagship property is 100% owned E&L Nickel Mountain Project located to Northwest British Columbia.

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