Grande Portage Resources (CVE:GPG) Trading Up 14.3% – Still a Buy?

Shares of Grande Portage Resources Ltd. (CVE:GPGGet Free Report) traded up 14.3% during mid-day trading on Wednesday . The stock traded as high as C$0.29 and last traded at C$0.28. 708,000 shares were traded during mid-day trading, an increase of 244% from the average session volume of 205,932 shares. The stock had previously closed at C$0.25.

Grande Portage Resources Stock Up 12.2%

The firm’s 50-day simple moving average is C$0.25 and its 200 day simple moving average is C$0.21. The company has a debt-to-equity ratio of 0.90, a quick ratio of 14.73 and a current ratio of 0.51. The stock has a market capitalization of C$41.74 million, a P/E ratio of -27.50 and a beta of -0.48.

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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