GMV Minerals (CVE:GMV) Trading Up 20% – What’s Next?

by · The Markets Daily

GMV Minerals Inc. (CVE:GMV – Get Free Report) shares traded up 20% during trading on Thursday . The stock traded as high as C$0.24 and last traded at C$0.24. 557,397 shares changed hands during mid-day trading, an increase of 368% from the average session volume of 119,160 shares. The stock had previously closed at C$0.20.

GMV Minerals Stock Up 7.5%

The company has a 50 day simple moving average of C$0.25 and a two-hundred day simple moving average of C$0.24. The company has a market capitalization of C$21.47 million, a P/E ratio of -10.75 and a beta of 0.13.

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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