GMV Minerals (CVE:GMV) Trading Up 6.7% – Should You Buy?

Shares of GMV Minerals Inc. (CVE:GMVGet Free Report) shot up 6.7% during mid-day trading on Monday . The company traded as high as C$0.17 and last traded at C$0.16. 195,000 shares were traded during mid-day trading, an increase of 127% from the average session volume of 85,992 shares. The stock had previously closed at C$0.15.

GMV Minerals Price Performance

The stock has a market capitalization of C$14.57 million, a P/E ratio of -16.00 and a beta of 1.35. The business’s 50 day simple moving average is C$0.13 and its 200-day simple moving average is C$0.14.

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.

Further Reading

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