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.
Featured Story: What is the downside to momentum investing?
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.