Shares of GMV Minerals Inc. (CVE:GMV – Get Free Report) shot up 7.7% during trading on Wednesday. The company traded as high as C$0.14 and last traded at C$0.14. Approximately 283,764 shares were traded during trading, an increase of 24% from the average daily volume of 228,717 shares. The stock had previously closed at C$0.13.
GMV Minerals Stock Performance
The firm has a market capitalization of C$17.17 million, a PE ratio of -4.67 and a beta of 2.51. The business’s 50 day moving average is C$0.15 and its two-hundred day moving average is C$0.16.
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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