Golden Valley Mines (CVE:GZZ) Stock Price Down 2% – Time to Sell?

Golden Valley Mines Ltd. (CVE:GZZGet Free Report)’s stock price was down 2% during mid-day trading on Friday . The stock traded as low as C$12.26 and last traded at C$12.49. Approximately 11,550 shares were traded during trading, a decline of 28% from the average daily volume of 16,029 shares. The stock had previously closed at C$12.74.

Golden Valley Mines Stock Down 2.0 %

The firm has a market cap of C$171.65 million and a price-to-earnings ratio of -520.42. The firm has a 50 day moving average price of C$12.49 and a 200-day moving average price of C$12.49. The company has a current ratio of 10.73, a quick ratio of 8.71 and a debt-to-equity ratio of 0.12.

Golden Valley Mines Company Profile

(Get Free Report)

Golden Valley Mines Ltd., together with its subsidiaries, engages in identifying, acquiring, and developing exploration and evaluation minerals in Canada. The company primarily explores for gold, copper, zinc, cobalt, silver, molybdenum, nickel, and platinum-group elements. Its assets include 17 exploration properties located in the Abitibi Greenstone Belt; the James Bay, Mistassini, and Otish regions of northern Quebec; the Nunavik region of northern Quebec; and the Athabasca Basin of Saskatchewan.

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