Group Eleven Resources (CVE:ZNG) Trading Down 10%

Group Eleven Resources Corp (CVE:ZNG) shares dropped 10% during mid-day trading on Tuesday . The company traded as low as C$0.05 and last traded at C$0.05. Approximately 297,000 shares were traded during mid-day trading, an increase of 335% from the average daily volume of 68,238 shares. The stock had previously closed at C$0.05.

The firm has a market cap of $2.87 million and a PE ratio of -0.78.

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About Group Eleven Resources (CVE:ZNG)

Group Eleven Resources Corp. engages in the exploration of mineral properties in Ireland. It primarily explores for zinc, lead, and silver deposits. The company's principal projects include Ballinalack project comprising 11 contiguous prospecting licenses (PLs) covering an area of 312 square kilometers located in Westmeath and Longford counties, north-east Ireland; and Stonepark project, including 6 PLs covering an area of 183.5 square kilometers situated in County Limerick, Ireland.

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