Currently viewing Global edition

Garibaldi jumps 2,400% in 3 months

A new discovery can get an exploration stock running in a hurry, but Garibaldi Resources (CN:GGI) has been making its own rules for the past three months.

Garibaldi jumps 2,400% in 3 months Garibaldi jumps 2,400% in 3 months Garibaldi jumps 2,400% in 3 months Garibaldi jumps 2,400% in 3 months Garibaldi jumps 2,400% in 3 months

Lift off: Garibaldi Resources' value has soared

 

In late July, the Vancouver-based minnow was trading at C$0.18 on the TSX Venture exchange, with a market cap of about C$19 million (US$15 million). Early this week, the stock touched C$4.