GMV Minerals (CVE:GMV) Stock Price Down 4.5% – Here’s Why

GMV Minerals Inc. (CVE:GMV)’s share price traded down 4.5% during mid-day trading on Monday . The company traded as low as C$0.11 and last traded at C$0.11. 43,500 shares were traded during mid-day trading, a decline of 46% from the average session volume of 81,119 shares. The stock had previously closed at C$0.11.

GMV Minerals Price Performance

The stock has a market cap of C$8.65 million, a P/E ratio of -9.50 and a beta of 1.35. The business’s fifty day moving average price is C$0.15 and its 200 day moving average price is C$0.13.

GMV Minerals Company Profile

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.