Garibaldi Resources Corp. (CVE:GGI – Get Free Report)’s share price dropped 11.8% on Monday . The company traded as low as C$0.08 and last traded at C$0.08. Approximately 237,350 shares changed hands during mid-day 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 quick ratio of 1.51, a current ratio of 0.03 and a debt-to-equity ratio of 0.03. The company has a market cap of C$10.31 million, a P/E ratio of -7.50 and a beta of 0.50. The business has a 50-day moving average price of C$0.07 and a two-hundred day moving average price of C$0.07.
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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