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

Garibaldi Resources Corp. (CVE:GGIGet Free Report)’s stock price hit a new 52-week low on Monday . The company traded as low as C$0.06 and last traded at C$0.06, with a volume of 60500 shares traded. The stock had previously closed at C$0.06.

Garibaldi Resources Price Performance

The firm has a market cap of C$9.12 million, a price-to-earnings ratio of -6.00 and a beta of -0.93. The stock’s 50 day moving average is C$0.08 and its 200 day 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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