GMV Minerals (CVE:GMV) Trading Down 13.8% – Should You Sell?
by Amy Steele · The Cerbat GemGMV Minerals Inc. (CVE:GMV – Get Free Report)’s stock price fell 13.8% during mid-day trading on Thursday . The stock traded as low as C$0.12 and last traded at C$0.12. 175,427 shares changed hands during trading, a decline of 42% from the average daily volume of 303,206 shares. The stock had previously closed at C$0.14.
GMV Minerals Stock Performance
The firm’s 50-day moving average is C$0.18 and its 200 day moving average is C$0.21. The firm has a market capitalization of C$15.33 million, a PE ratio of -4.17 and a beta of 1.82.
About GMV Minerals
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. It also holds interest in the Daisy Creek Lithium project, consisting of eighty-two lode claims covering an area of 18 square miles and located in Lander County, north-central Nevada.