Garibaldi Resources (CVE:GGI) Shares Up 12.8%

Garibaldi Resources Corp (CVE:GGI) shot up 12.8% during trading on Friday . The company traded as high as C$1.52 and last traded at C$1.50, 143,103 shares changed hands during mid-day trading. An increase of 8% from the average session volume of 132,501 shares. The stock had previously closed at C$1.33.

The business has a fifty day moving average of C$1.12. The firm has a market capitalization of $144.56 million and a P/E ratio of -67.27.

About Garibaldi Resources (CVE:GGI)

Garibaldi Resources Corp., a junior exploration company, engages in the acquisition, exploration, and evaluation of mineral properties in Canada and Mexico. The company explores for nickel, copper, cobalt, and magmatic sulphide deposits, as well as gold, silver, and base metal deposits. Its flagship project is the E&L project, which is located at Nickel Mountain in northwest British Columbia.

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