GMV Minerals (CVE:GMV) Trading 27% Higher – Should You Buy?

Shares of GMV Minerals Inc. (CVE:GMVGet Free Report) traded up 27% on Monday . The stock traded as high as C$0.25 and last traded at C$0.24. 241,538 shares changed hands during mid-day trading, an increase of 332% from the average session volume of 55,949 shares. The stock had previously closed at C$0.19.

GMV Minerals Price Performance

The company has a market capitalization of C$19.12 million, a PE ratio of -21.00 and a beta of 1.35. The firm has a 50-day moving average of C$0.14 and a 200 day moving average of C$0.12.

GMV Minerals Company Profile

(Get Free Report)

GMV Minerals Inc, an exploration stage company, engages in the sourcing and exploration of mineral properties in the United States. It primarily explores for gold and lithium deposits. The company holds a 100% interest in the Mexican Hat Gold Project that consists of 42 unpatented lode mining claims covering an area of approximately 4,800 acres located in Cochise County, Arizona.

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