Garibaldi Resources Corp. (CVE:GGI – Get Free Report) shares dropped 11.8% during trading on Monday . The stock traded as low as C$0.08 and last traded at C$0.08. Approximately 237,350 shares traded hands during trading, an increase of 219% from the average daily volume of 74,358 shares. The stock had previously closed at C$0.09.
Garibaldi Resources Trading Down 11.8 %
The company has a current ratio of 0.03, a quick ratio of 1.51 and a debt-to-equity ratio of 0.03. The stock has a 50-day simple moving average of C$0.07 and a two-hundred day simple moving average of C$0.07. The firm has a market capitalization of C$10.31 million, a P/E ratio of -7.50 and a beta of 0.50.
Garibaldi Resources Company Profile
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.
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