Grande Portage Resources (CVE:GPG) Stock Price Down 15.2% – Here’s What Happened

Grande Portage Resources Ltd. (CVE:GPGGet Free Report) fell 15.2% on Wednesday . The stock traded as low as C$0.19 and last traded at C$0.20. 1,291,045 shares changed hands during mid-day trading, an increase of 889% from the average session volume of 130,555 shares. The stock had previously closed at C$0.23.

Grande Portage Resources Price Performance

The stock has a fifty day moving average of C$0.19 and a 200 day moving average of C$0.20. The company has a debt-to-equity ratio of 0.90, a current ratio of 0.51 and a quick ratio of 14.73. The stock has a market cap of C$21.96 million, a price-to-earnings ratio of -21.20 and a beta of 1.10.

Grande Portage Resources Company Profile

(Get Free Report)

Grande Portage Resources Ltd., an exploration stage company, explores for, and develops natural resource properties in the United States. It primarily explores for gold deposits. The company holds 100% interest in the Herbert gold property comprising 91 unpatented mining claims and located 25km in the north of Juneau, Alaska.

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