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

GMV Minerals Inc. (CVE:GMVGet Free Report) rose 28.6% during trading on Wednesday . The stock traded as high as C$0.14 and last traded at C$0.14. Approximately 279,000 shares were traded during trading, an increase of 475% from the average daily volume of 48,528 shares. The stock had previously closed at C$0.11.

GMV Minerals Stock Performance

The firm’s 50-day moving average price is C$0.11 and its two-hundred day moving average price is C$0.13. The stock has a market cap of C$12.29 million, a price-to-earnings 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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