Group Eleven Resources Corp. (CVE:ZNG – Get Free Report) dropped 5.6% during trading on Friday . The company traded as low as C$0.17 and last traded at C$0.17. Approximately 338,500 shares traded hands during trading, an increase of 253% from the average daily volume of 95,849 shares. The stock had previously closed at C$0.18.
Group Eleven Resources Trading Down 5.6 %
The company has a quick ratio of 2.73, a current ratio of 6.66 and a debt-to-equity ratio of 0.43. The firm has a market capitalization of C$35.14 million, a PE ratio of -8.50 and a beta of 1.39. The business’s fifty day moving average price is C$0.18 and its 200 day moving average price is 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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