Shares of Garibaldi Resources Corp. (CVE:GGI – Get Free Report) traded down 11.8% during trading on Wednesday . The company traded as low as C$0.08 and last traded at C$0.08. 143,500 shares traded hands during trading, an increase of 121% from the average session volume of 64,787 shares. The stock had previously closed at C$0.09.
Garibaldi Resources Stock Down 11.8 %
The stock has a market capitalization of C$10.31 million, a price-to-earnings ratio of -7.50 and a beta of 0.50. The company has a debt-to-equity ratio of 0.03, a current ratio of 0.03 and a quick ratio of 1.51. The business has a fifty day moving average of C$0.07 and a 200 day moving average of C$0.09.
About Garibaldi Resources
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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