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Why is GBU down 4.55%?
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GBU:CVE
Gabriel Resources Ltd
CA$0.10
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-4.55%(-0.0050) 1D
Oct 13, 4:00:00 PM GMT-4 · CAD
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All symbols
| Symbol | Price | Change | % Change |
|---|
insights_autoGenerating top insights for GBU...
Open
CA$0.11
High
CA$0.11
Low
CA$0.10
Mkt. cap
29.11M
Avg. vol.
21.13K
Volume
49.51K
52-wk high
CA$0.25
52-wk low
CA$0.07
EPS
-CA$0.04
Shares outstanding
277.22M
No. of employees
35
Open
CA$0.11
High
CA$0.11
Low
CA$0.10
Mkt. cap
29.11M
Avg. vol.
21.13K
Volume
49.51K
52-wk high
CA$0.25
52-wk low
CA$0.07
EPS
-CA$0.04
Shares outstanding
277.22M
No. of employees
35
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Profile
Gabriel Resources Limited is a Canadian TSX-V-listed resource company focused on permitting and developing contested Roșia Montană gold and silver mine located in western central Romania. Rosia Montana is also home to ancient Roman mining galleries, which were added to UNESCO's World Heritage list in 2021.
The Project, the largest undeveloped gold deposit in Europe, is owned through Rosia Montana Gold Corporation S.A., a Romanian company in which Gabriel Resources holds an 80.69% stake and CNCAF Minvest S.A., a Romanian state-owned mining enterprise, the rest.
Gabriel is headquartered in the UK, listed in Canada and holds its Romanian assets through a Dutch company.
Since 2015, it has been in a dispute with the Romanian state at the World Bank's International Centre for Settlement of Investment Disputes for the failed mine project. According to its website, "the ICSID Arbitration has now become the core focus of the Company." On 8 March 2024, the Arbitration ruled in favor of Romania and ordered the company to pay Romania's legal costs.
Its share price is 0.01 CAD, as of 14 November 2024, a 97.44% collapse compared to the price one year ago. Wikipedia
About Gabriel Resources Ltd
CEO-
Employees35
Founded1995
HeadquartersLondon, England, United Kingdom
SectorGold
Websitegabrielresources.com