GMV Minerals Inc. (CVE:GMV – Get Free Report) reached a new 52-week low during trading on Tuesday . The company traded as low as C$0.12 and last traded at C$0.13, with a volume of 323299 shares trading hands. The stock had previously closed at C$0.14.
GMV Minerals Trading Up 7.7%
The stock’s 50 day moving average price is C$0.18 and its 200 day moving average price is C$0.21. The company has a market cap of C$17.17 million, a price-to-earnings ratio of -4.67 and a beta of 1.82.
GMV Minerals Company Profile
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. It also holds interest in the Daisy Creek Lithium project, consisting of eighty-two lode claims covering an area of 18 square miles and located in Lander County, north-central Nevada.
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