Group Eleven Resources Corp. (CVE:ZNG – Get Free Report) shares traded up 13.8% during trading on Thursday . The stock traded as high as C$0.38 and last traded at C$0.37. 3,498,177 shares were traded during mid-day trading, an increase of 1,600% from the average session volume of 205,768 shares. The stock had previously closed at C$0.33.
Group Eleven Resources Price Performance
The company has a market capitalization of C$90.19 million, a PE ratio of -17.50 and a beta of 2.69. 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’s 50 day moving average price is C$0.35 and its 200-day moving average price is C$0.33.
Group Eleven Resources Company Profile
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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