GMV Minerals (CVE:GMV) Shares Up 9.1% – Still a Buy?

GMV Minerals Inc. (CVE:GMVGet Free Report) shares rose 9.1% during trading on Monday . The company traded as high as C$0.12 and last traded at C$0.12. Approximately 6,000 shares changed hands during mid-day trading, a decline of 78% from the average daily volume of 26,737 shares. The stock had previously closed at C$0.11.

GMV Minerals Trading Up 9.1 %

The firm has a market cap of C$10.93 million, a price-to-earnings ratio of -12.00 and a beta of 1.35. The stock’s 50 day moving average is C$0.13 and its 200 day moving average is C$0.13.

About GMV Minerals

(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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