GMV Minerals (CVE:GMV) Shares Up 28.6% – Should You Buy?

Shares of GMV Minerals Inc. (CVE:GMVGet Free Report) shot up 28.6% on Thursday . The stock traded as high as C$0.14 and last traded at C$0.14. 279,000 shares traded hands during trading, an increase of 473% from the average session volume of 48,726 shares. The stock had previously closed at C$0.11.

GMV Minerals Stock Performance

The firm has a market capitalization of C$12.29 million, a price-to-earnings ratio of -13.50 and a beta of 1.35. The company has a 50 day moving average price of C$0.11 and a two-hundred day moving average price of C$0.13.

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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