Group Eleven Resources Corp. (CVE:ZNG – Get Free Report)’s share price traded up 20% during mid-day trading on Thursday . The stock traded as high as C$0.21 and last traded at C$0.21. 230,600 shares were traded during trading, an increase of 118% from the average session volume of 105,694 shares. The stock had previously closed at C$0.18.
Group Eleven Resources Price Performance
The company has a debt-to-equity ratio of 0.43, a quick ratio of 2.73 and a current ratio of 1.76. The stock has a market capitalization of C$40.99 million, a price-to-earnings ratio of -8.75 and a beta of 1.25. The company has a 50-day moving average of C$0.16 and a 200-day moving average of C$0.13.
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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