GMV Minerals (CVE:GMV) Shares Up 28.6% – Time to Buy?

GMV Minerals Inc. (CVE:GMVGet Free Report) shares shot up 28.6% on Wednesday . The stock traded as high as C$0.14 and last traded at C$0.14. 263,500 shares traded hands during trading, an increase of 450% from the average session volume of 47,950 shares. The stock had previously closed at C$0.11.

GMV Minerals Price Performance

The firm has a market cap of C$12.29 million, a price-to-earnings ratio of -13.50 and a beta of 1.35. The firm’s fifty day moving average is C$0.11 and its 200-day moving average is C$0.13.

GMV Minerals Company Profile

(Get Free Report)

GMV Minerals Inc, an exploration stage company, engages in the sourcing and exploration of mineral properties in the United States. It primarily explores for gold and lithium deposits. The company holds a 100% interest in the Mexican Hat Gold Project that consists of 42 unpatented lode mining claims covering an area of approximately 4,800 acres located in Cochise County, Arizona.

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