Garibaldi Resources (CVE:GGI) Stock Price Up 26.7% – Here’s What Happened

Garibaldi Resources Corp. (CVE:GGIGet Free Report) shares were up 26.7% on Wednesday . The stock traded as high as C$0.19 and last traded at C$0.19. Approximately 655,695 shares traded hands during mid-day trading, an increase of 248% from the average daily volume of 188,618 shares. The stock had previously closed at C$0.15.

Garibaldi Resources Stock Performance

The firm has a market capitalization of C$29.65 million, a PE ratio of -0.93 and a beta of 0.01. The business’s fifty day simple moving average is C$0.12 and its 200-day simple moving average is C$0.11.

Garibaldi Resources Company Profile

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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.

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