Garibaldi Resources (CVE:GGI) Stock Price Up 43.3% – Should You Buy?

Garibaldi Resources Corp. (CVE:GGIGet Free Report) rose 43.3% during trading on Wednesday . The stock traded as high as C$0.22 and last traded at C$0.22. Approximately 970,124 shares traded hands during trading, an increase of 251% from the average daily volume of 276,100 shares. The stock had previously closed at C$0.15.

Garibaldi Resources Price Performance

The stock’s 50-day moving average is C$0.12 and its 200 day moving average is C$0.11. The company has a market cap of C$32.69 million, a PE ratio of -1.02 and a beta of 0.01.

About Garibaldi Resources

(Get Free Report)

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. The company was incorporated in 1993 and is headquartered in Vancouver, Canada.

Featured Stories

Receive News & Ratings for Garibaldi Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Garibaldi Resources and related companies with MarketBeat.com's FREE daily email newsletter.