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.
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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