GMV Minerals (CVE:GMV) Sets New 52-Week High at $0.25

GMV Minerals Inc (CVE:GMV)’s share price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as C$0.25 and last traded at C$0.25, with a volume of 40500 shares. The stock had previously closed at C$0.22.

The stock has a market capitalization of $9.28 million and a price-to-earnings ratio of -16.92. The business’s 50 day simple moving average is C$0.18 and its 200-day simple moving average is C$0.13.

In other GMV Minerals news, Director Alistair Maclennan sold 5,000 shares of the stock in a transaction dated Thursday, April 23rd. The shares were sold at an average price of C$12.00, for a total transaction of C$60,000.00. Following the sale, the director now directly owns 1,461,433 shares in the company, valued at C$17,537,196. Insiders have acquired 27,000 shares of company stock worth $4,145 over the last quarter.

About GMV Minerals (CVE:GMV)

GMV Minerals Inc, an exploration stage company, engages in the sourcing and exploration of mineral properties in Arizona, the United States. The company primarily explores for gold deposits. It holds a 100% interest in the Mexican Hat Gold Project covering an area of approximately 2,693 acres located in Cochise County, Arizona.

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