Shares of GMV Minerals Inc. (CVE:GMV – Get Free Report) dropped 13.8% on Thursday . The stock traded as low as C$0.12 and last traded at C$0.12. Approximately 175,427 shares changed hands during mid-day trading, a decline of 42% from the average daily volume of 303,206 shares. The stock had previously closed at C$0.14.
GMV Minerals Stock Down 13.8%
The stock has a fifty day moving average of C$0.18 and a two-hundred day moving average of C$0.21. The stock has a market cap of C$15.33 million, a price-to-earnings ratio of -4.17 and a beta of 1.82.
GMV Minerals Company Profile
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. It also holds interest in the Daisy Creek Lithium project, consisting of eighty-two lode claims covering an area of 18 square miles and located in Lander County, north-central Nevada.
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