Group Eleven Resources (CVE:ZNG) Trading 8.6% Higher

Group Eleven Resources Corp. (CVE:ZNG)’s share price traded up 8.6% during trading on Monday . The company traded as high as C$0.19 and last traded at C$0.19. 127,500 shares were traded during mid-day trading, a decline of 1% from the average session volume of 129,361 shares. The stock had previously closed at C$0.18.

Group Eleven Resources Trading Up 17.1 %

The firm has a market cap of C$41.09 million, a P/E ratio of -10.75 and a beta of 1.46. The company has a debt-to-equity ratio of 0.43, a quick ratio of 2.73 and a current ratio of 3.82. The stock has a fifty day simple moving average of C$0.17 and a 200 day simple moving average of C$0.17.

Group Eleven Resources (CVE:ZNG) last released its quarterly earnings results on Monday, April 22nd. The company reported C($0.01) earnings per share (EPS) for the quarter.

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.