Garibaldi Resources (CVE:GGI) Sets New 52-Week Low at $0.06

Garibaldi Resources Corp. (CVE:GGIGet Free Report)’s stock price hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as C$0.06 and last traded at C$0.06, with a volume of 42000 shares traded. The stock had previously closed at C$0.06.

Garibaldi Resources Price Performance

The company has a quick ratio of 1.51, a current ratio of 0.05 and a debt-to-equity ratio of 0.03. The company’s fifty day moving average price is C$0.08 and its 200 day moving average price is C$0.09. The company has a market capitalization of C$8.93 million, a P/E ratio of -6.00 and a beta of 0.48.

About Garibaldi Resources

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Garibaldi Resources Corp., an exploration stage company, engages in the acquisition, exploration, and evaluation of mineral properties in Canada and Mexico. The company explores for nickel, copper, cobalt, platinum, palladium, gold, and silver deposits. Its flagship property is 100% owned E&L Nickel Mountain Project located to Northwest British Columbia.

Further Reading

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