GMV Minerals (CVE:GMV) Trading Up 28.6% – Should You Buy?

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

GMV Minerals Stock Performance

The company has a market cap of C$12.29 million, a PE ratio of -13.50 and a beta of 1.35. The stock’s 50 day moving average price is C$0.11 and its 200-day moving average price is C$0.13.

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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