Garibaldi Resources (CVE:GGI) Sets New 52-Week Low – What’s Next?

Garibaldi Resources Corp. (CVE:GGI – Get Free Report) shares reached a new 52-week low during mid-day trading on Monday. The stock traded as low as C$0.06 and last traded at C$0.06, with a volume of 177,722 shares traded. The stock had previously closed at C$0.05.

Garibaldi Resources Trading Up 10.0%

The stock’s 50 day moving average is C$0.07 and its 200-day moving average is C$0.10. The company has a market cap of C$8.36 million, a P/E ratio of -5.50 and a beta of -1.21.

About Garibaldi Resources

(Get Free Report)

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.

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