Shares of GMV Minerals Inc. (CVE:GMV – Get Free Report) shot up 28.6% during mid-day trading on Thursday . The stock traded as high as C$0.14 and last traded at C$0.14. 279,000 shares changed 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 Trading Up 28.6 %
The company has a 50-day moving average of C$0.11 and a 200-day moving average of C$0.13. 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.
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.
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