Shares of Group Eleven Resources Corp. (CVE:ZNG – Get Free Report) traded up 23.7% on Friday . The company traded as high as C$0.25 and last traded at C$0.24. 949,547 shares traded hands during mid-day trading, an increase of 779% from the average session volume of 108,023 shares. The stock had previously closed at C$0.19.
Group Eleven Resources Trading Up 23.7 %
The company has a current ratio of 6.66, a quick ratio of 2.73 and a debt-to-equity ratio of 0.43. The company has a market capitalization of C$48.58 million, a P/E ratio of -11.75 and a beta of 1.39. The business has a 50 day moving average price of C$0.18 and a 200 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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