Garibaldi Resources Corp. (CVE:GGI – Get Rating) hit a new 52-week low during trading on Wednesday . The stock traded as low as C$0.17 and last traded at C$0.17, with a volume of 128500 shares trading hands. The stock had previously closed at C$0.16.

Garibaldi Resources Stock Performance

The stock has a market capitalization of C$22.65 million, a P/E ratio of -16.00 and a beta of 1.01. The stock has a 50 day simple moving average of C$0.19 and a two-hundred day simple moving average of C$0.22. The company has a quick ratio of 1.51, a current ratio of 0.30 and a debt-to-equity ratio of 0.03.

About Garibaldi Resources

(Get Rating)

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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