Grande Portage Resources (CVE:GPG) Shares Down 3.8% – Here’s What Happened

Shares of Grande Portage Resources Ltd. (CVE:GPGGet Free Report) traded down 3.8% during trading on Monday . The company traded as low as C$0.25 and last traded at C$0.26. 55,350 shares were traded during trading, a decline of 77% from the average session volume of 237,525 shares. The stock had previously closed at C$0.27.

Grande Portage Resources Stock Performance

The company has a fifty day moving average price of C$0.35 and a two-hundred day moving average price of C$0.39. The company has a debt-to-equity ratio of 0.18, a current ratio of 44.14 and a quick ratio of 14.73. The company has a market capitalization of C$45.79 million, a P/E ratio of -25.50 and a beta of 0.67.

About Grande Portage Resources

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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. Grande Portage Resources Ltd. was incorporated in 1984 and is headquartered in Vancouver, Canada.

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