Garibaldi Resources Corp. (CVE:GGI – Get Rating) shares hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as C$0.19 and last traded at C$0.21, with a volume of 71689 shares traded. The stock had previously closed at C$0.20.

Garibaldi Resources Trading Up 5.0 %

The firm has a market capitalization of C$28.83 million, a P/E ratio of -21.00 and a beta of 0.98. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.51 and a current ratio of 0.30. The firm has a 50 day simple moving average of C$0.22 and a two-hundred day simple moving average of C$0.27.

About Garibaldi Resources

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Garibaldi Resources Corp., an exploration stage company, engages in the acquisition, exploration, and evaluation of mineral properties. The company explores for nickel, copper, cobalt, platinum, palladium, gold, and silver deposits. It holds interests in the Red Lion; Grizzly and Golden Bear; King and King South; E&L; Palm Spring; Sid, Sunrise and Atlin; Black Gold; and Tora Tora properties located in British Columbia, Canada.

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