Garibaldi Resources Corp. (CVE:GGI – Get Free Report) shares were down 11.8% during trading on Monday . The company traded as low as C$0.08 and last traded at C$0.08. Approximately 237,350 shares were traded during mid-day trading, an increase of 219% from the average daily volume of 74,358 shares. The stock had previously closed at C$0.09.
Garibaldi Resources Price Performance
The company has a 50 day moving average of C$0.07 and a 200 day moving average of C$0.07. The company has a current ratio of 0.03, a quick ratio of 1.51 and a debt-to-equity ratio of 0.03. The firm has a market cap of C$10.31 million, a price-to-earnings ratio of -7.50 and a beta of 0.50.
About Garibaldi Resources
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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