GMV Minerals (CVE:GMV) Stock Price Down 4.5% – Should You Sell?

GMV Minerals Inc. (CVE:GMVGet Free Report) was down 4.5% on Wednesday . The stock traded as low as C$0.11 and last traded at C$0.11. Approximately 24,000 shares changed hands during trading, a decline of 52% from the average daily volume of 50,119 shares. The stock had previously closed at C$0.11.

GMV Minerals Stock Down 4.5 %

The company has a market cap of C$9.56 million, a price-to-earnings ratio of -10.50 and a beta of 1.35. The business has a 50-day simple moving average of C$0.11 and a two-hundred day simple moving average of C$0.13.

GMV Minerals Company Profile

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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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