GMV Minerals (CVE:GMV) Trading Down 14.3% – Here’s What Happened

GMV Minerals Inc. (CVE:GMVGet Free Report)’s share price fell 14.3% during trading on Wednesday . The company traded as low as C$0.12 and last traded at C$0.12. 132,468 shares traded hands during trading, an increase of 163% from the average session volume of 50,394 shares. The stock had previously closed at C$0.14.

GMV Minerals Stock Performance

The firm’s 50 day simple moving average is C$0.11 and its 200-day simple moving average is C$0.13. The company has a market cap of C$14.12 million, a price-to-earnings ratio of -15.50 and a beta of 1.35.

About GMV Minerals

(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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