GMV Minerals (CVE:GMV) Stock Price Up 28.6% – Still a Buy?

GMV Minerals Inc. (CVE:GMVGet Free Report) shares traded up 28.6% during mid-day trading on Thursday . The stock traded as high as C$0.14 and last traded at C$0.14. 279,000 shares changed hands during mid-day trading, an increase of 473% from the average session volume of 48,726 shares. The stock had previously closed at C$0.11.

GMV Minerals Stock Performance

The stock has a market capitalization of C$12.29 million, a price-to-earnings ratio of -13.50 and a beta of 1.35. The business has a fifty day simple moving average of C$0.11 and a 200 day simple moving average of C$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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