Garibaldi Resources (CVE:GGI) Sets New 12-Month Low – Here’s Why

Shares of Garibaldi Resources Corp. (CVE:GGIGet Free Report) hit a new 52-week low during trading on Wednesday . The stock traded as low as C$0.07 and last traded at C$0.07, with a volume of 37570 shares. The stock had previously closed at C$0.07.

Garibaldi Resources Stock Performance

The firm has a market cap of C$9.88 million, a P/E ratio of -6.50 and a beta of -0.93. The firm’s fifty day simple moving average is C$0.09 and its 200 day simple moving average is C$0.11.

About Garibaldi Resources

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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. The company was incorporated in 1993 and is headquartered in Vancouver, Canada.

Further Reading

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