GMV Minerals (CVE:GMV) Reaches New 12-Month Low – Time to Sell?
by Amy Steele · The Cerbat GemShares of GMV Minerals Inc. (CVE:GMV – Get Free Report) reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as C$0.12 and last traded at C$0.13, with a volume of 63850 shares. The stock had previously closed at C$0.13.
GMV Minerals Stock Down 4.0%
The company’s fifty day simple moving average is C$0.17 and its 200 day simple moving average is C$0.20. The firm has a market capitalization of C$14.72 million, a PE ratio of -4.00 and a beta of 1.82.
GMV Minerals Company Profile
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.