GMV Minerals (CVE:GMV) Reaches New 1-Year Low – Time to Sell?
by Sarita Garza · The Markets DailyGMV Minerals Inc. (CVE:GMV – Get Free Report) reached a new 52-week low on Tuesday . The company traded as low as C$0.12 and last traded at C$0.13, with a volume of 63850 shares traded. The stock had previously closed at C$0.13.
GMV Minerals Price Performance
The business has a 50-day moving average of C$0.17 and a 200-day moving average of C$0.20. The stock has a market cap of C$15.94 million, a price-to-earnings ratio of -4.33 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.