Grande Portage Resources (CVE:GPG) Shares Up 6.1% – Still a Buy?

Grande Portage Resources Ltd. (CVE:GPGGet Free Report) was up 6.1% during trading on Thursday . The stock traded as high as C$0.35 and last traded at C$0.35. 453,695 shares traded hands during mid-day trading, an increase of 117% from the average daily volume of 209,006 shares. The stock had previously closed at C$0.33.

Grande Portage Resources Stock Down 1.4%

The firm’s 50 day simple moving average is C$0.30 and its 200 day simple moving average is C$0.37. The company has a market cap of C$63.83 million, a price-to-earnings ratio of -34.50 and a beta of 0.67. The company has a quick ratio of 14.73, a current ratio of 24.75 and a debt-to-equity ratio of 0.12.

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

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