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

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

GMV Minerals Stock Up 9.1 %

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

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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