Garibaldi Resources (CVE:GGI) Sets New 1-Year Low at $0.06

Garibaldi Resources Corp. (CVE:GGIGet Free Report) hit a new 52-week low during trading on Wednesday . The stock traded as low as C$0.06 and last traded at C$0.06, with a volume of 42000 shares. The stock had previously closed at C$0.06.

Garibaldi Resources Stock Performance

The company has a 50 day simple moving average of C$0.08 and a 200 day simple moving average of C$0.09. The company has a quick ratio of 1.51, a current ratio of 0.05 and a debt-to-equity ratio of 0.03. The stock has a market cap of C$8.93 million, a price-to-earnings ratio of -6.00 and a beta of 0.48.

Garibaldi Resources Company Profile

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Garibaldi Resources Corp., an exploration stage company, engages in the acquisition, exploration, and evaluation of mineral properties in Canada and Mexico. The company explores for nickel, copper, cobalt, platinum, palladium, gold, and silver deposits. Its flagship property is 100% owned E&L Nickel Mountain Project located to Northwest British Columbia.

Further Reading

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