GMV Minerals (CVE:GMV) Trading 28.6% Higher – Should You Buy?

GMV Minerals Inc. (CVE:GMVGet Free Report) rose 28.6% on Thursday . The stock traded as high as C$0.14 and last traded at C$0.14. Approximately 279,000 shares traded 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 Up 28.6 %

The company has a 50 day simple moving average of C$0.11 and a two-hundred day simple moving average of C$0.13. The company has a market capitalization of C$12.29 million, a P/E ratio of -13.50 and a beta of 1.35.

About GMV Minerals

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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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