Grande Portage Resources (CVE:GPG) Shares Down 13.9% – Time to Sell?

Grande Portage Resources Ltd. (CVE:GPG) shares were down 13.9% during trading on Thursday . The company traded as low as C$0.34 and last traded at C$0.34. Approximately 111,768 shares were traded during mid-day trading, a decline of 66% from the average daily volume of 325,906 shares. The stock had previously closed at C$0.40.

Grande Portage Resources Trading Down 13.9%

The company has a debt-to-equity ratio of 0.32, a quick ratio of 14.73 and a current ratio of 16.63. The company has a market cap of C$60.99 million, a P/E ratio of -34.00 and a beta of 0.79. The stock has a 50-day moving average of C$0.44 and a two-hundred day moving average of C$0.34.

About Grande Portage Resources

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.