GMV Minerals (CVE:GMV) Trading 23.8% Higher – Still a Buy?

GMV Minerals Inc. (CVE:GMVGet Free Report)’s share price was up 23.8% during trading on Wednesday . The company traded as high as C$0.13 and last traded at C$0.13. Approximately 198,500 shares changed hands during mid-day trading, an increase of 326% from the average daily volume of 46,607 shares. The stock had previously closed at C$0.11.

GMV Minerals Stock Performance

The company has a market capitalization of C$12.29 million, a PE ratio of -13.50 and a beta of 1.35. The firm’s 50-day simple moving average is C$0.11 and its 200 day simple moving average is C$0.13.

About GMV Minerals

(Get Free Report)

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.

Further Reading

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