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Group Eleven Resources (CVE:ZNG) Reaches New 12-Month High - What's Next?

Group Eleven Resources logo with Basic Materials background

Group Eleven Resources Corp. (CVE:ZNG - Get Free Report)'s stock price reached a new 52-week high on Tuesday . The company traded as high as C$0.38 and last traded at C$0.37, with a volume of 384800 shares. The stock had previously closed at C$0.37.

Group Eleven Resources Stock Up 1.4%

The company has a market capitalization of C$73.39 million, a P/E ratio of -17.75 and a beta of 1.39. The firm's 50 day moving average price is C$0.23 and its two-hundred day moving average price is C$0.20. The company has a current ratio of 6.66, a quick ratio of 2.73 and a debt-to-equity ratio of 0.43.

Group Eleven Resources Company Profile

(Get Free Report)

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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