GMV Minerals (CVE:GMV) Trading Up 28.6% – Should You Buy?

GMV Minerals Inc. (CVE:GMVGet Free Report) shot up 28.6% on Wednesday . The company traded as high as C$0.14 and last traded at C$0.14. 279,000 shares were traded during trading, an increase of 473% from the average session volume of 48,726 shares. The stock had previously closed at C$0.11.

GMV Minerals Stock Up 28.6 %

The business’s 50 day moving average is C$0.11 and its two-hundred day moving average is C$0.13. The firm has a market capitalization of C$12.29 million, a P/E ratio of -13.50 and a beta of 1.35.

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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