Garibaldi Resources (CVE:GGI) Trading 12.8% Higher

Garibaldi Resources Corp (CVE:GGI)’s share price traded up 12.8% during trading on Friday . The company traded as high as C$1.52 and last traded at C$1.50, 143,103 shares were traded during trading. An increase of 8% from the average session volume of 132,501 shares. The stock had previously closed at C$1.33.

The business has a 50 day simple moving average of C$1.12. The company has a market cap of $160.87 million and a PE ratio of -67.27.

Garibaldi Resources Company Profile (CVE:GGI)

Garibaldi Resources Corp., a junior exploration company, engages in the acquisition, exploration, and evaluation of mineral properties in Canada and Mexico. The company explores for nickel, copper, cobalt, and magmatic sulphide deposits, as well as gold, silver, and base metal deposits. Its flagship project is the E&L project, which is located at Nickel Mountain in northwest British Columbia.

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