Garibaldi Resources (CVE:GGI) Stock Price Up 43.3% – What’s Next?

Garibaldi Resources Corp. (CVE:GGIGet Free Report)’s share price shot up 43.3% on Wednesday . The company traded as high as C$0.22 and last traded at C$0.22. 969,505 shares traded hands during mid-day trading, an increase of 269% from the average session volume of 263,071 shares. The stock had previously closed at C$0.15.

Garibaldi Resources Stock Up 43.3%

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

About Garibaldi Resources

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

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