Garibaldi Resources (CVE:GGI) Sets New 1-Year Low at $0.06

Shares of Garibaldi Resources Corp. (CVE:GGIGet Free Report) hit a new 52-week low during trading on Thursday . The company traded as low as C$0.06 and last traded at C$0.06, with a volume of 192825 shares traded. The stock had previously closed at C$0.07.

Garibaldi Resources Price Performance

The firm has a market cap of C$8.93 million, a price-to-earnings ratio of -6.50 and a beta of 0.48. The company’s fifty day moving average is C$0.08 and its 200 day moving average is C$0.09. The company has a quick ratio of 1.51, a current ratio of 0.05 and a debt-to-equity ratio of 0.03.

Garibaldi Resources Company Profile

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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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