Group Eleven Resources Corp. (CVE:ZNG – Get Free Report) rose 8.6% on Thursday . The stock traded as high as C$0.20 and last traded at C$0.19. Approximately 604,174 shares were traded during mid-day trading, an increase of 333% from the average daily volume of 139,483 shares. The stock had previously closed at C$0.18.
Group Eleven Resources Trading Up 8.6 %
The company has a debt-to-equity ratio of 0.43, a quick ratio of 2.73 and a current ratio of 6.66. The stock has a market capitalization of C$39.28 million, a P/E ratio of -9.50 and a beta of 1.39. The stock has a 50-day moving average price of C$0.19 and a two-hundred day moving average price of C$0.18.
About Group Eleven Resources
Group Eleven Resources Corp. engages in the acquisition, exploration, and evaluation of mineral properties in Ireland. The company primarily explores for zinc, lead, and silver deposits. It owns 100% interest in the Silvermines project comprising two prospecting licenses (PLs) covering an area of 43.0 square kilometers located in the northern County Tipperary; the PG West project that consists of 22 PLs covering an area of 650 square kilometers located in the Limerick region.
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