Garibaldi Resources Corp. (CVE:GGI – Get Free Report)’s share price was down 11.8% during mid-day trading on Wednesday . The stock traded as low as C$0.08 and last traded at C$0.08. Approximately 143,500 shares traded hands during trading, an increase of 121% from the average daily volume of 64,787 shares. The stock had previously closed at C$0.09.
Garibaldi Resources Price Performance
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 business’s 50-day simple moving average is C$0.07 and its 200 day simple moving average is C$0.09. The firm has a market cap of C$8.93 million, a PE ratio of -6.00 and a beta of 0.50.
Garibaldi Resources Company Profile
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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