GMV Minerals (CVE:GMV) Shares Up 28.6% – Here’s Why

Shares of GMV Minerals Inc. (CVE:GMVGet Free Report) were 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 changed hands during 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 50 day moving average price of C$0.11 and a 200 day moving average price of C$0.13. The company has a market capitalization of C$12.29 million, a price-to-earnings ratio of -13.50 and a beta of 1.35.

GMV Minerals Company Profile

(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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