GMV Minerals (CVE:GMV) Trading Up 37.2% – Time to Buy?

GMV Minerals Inc. (CVE:GMVGet Free Report)’s share price shot up 37.2% on Tuesday . The stock traded as high as C$0.30 and last traded at C$0.30. 418,442 shares traded hands during trading, an increase of 219% from the average session volume of 131,083 shares. The stock had previously closed at C$0.22.

GMV Minerals Price Performance

The business has a 50 day simple moving average of C$0.23 and a 200 day simple moving average of C$0.25. The company has a market capitalization of C$36.14 million, a price-to-earnings ratio of -14.75 and a beta of 0.13.

About GMV Minerals

(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. 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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