Group Eleven Resources Corp. (CVE:ZNG – Get Free Report) was up 5.1% during mid-day trading on Thursday . The company traded as high as C$0.21 and last traded at C$0.21. Approximately 6,192 shares traded hands during trading, a decline of 96% from the average daily volume of 156,830 shares. The stock had previously closed at C$0.20.
Group Eleven Resources Stock Performance
The firm has a market capitalization of C$40.99 million, a PE ratio of -10.25 and a beta of 1.25. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.76 and a quick ratio of 2.73. The stock has a 50-day moving average price of C$0.18 and a 200-day moving average price of C$0.15.
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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