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Group Eleven Resources (CVE:ZNG) Trading Up 27.7% - Here's What Happened

Group Eleven Resources logo with Basic Materials background

Shares of Group Eleven Resources Corp. (CVE:ZNG - Get Free Report) were up 27.7% during trading on Saturday . The company traded as high as C$0.34 and last traded at C$0.30. Approximately 739,537 shares were traded during trading, an increase of 542% from the average daily volume of 115,199 shares. The stock had previously closed at C$0.24.

Group Eleven Resources Stock Down 3.7%

The company has a quick ratio of 2.73, a current ratio of 6.66 and a debt-to-equity ratio of 0.43. The company has a market capitalization of C$53.75 million, a PE ratio of -13.00 and a beta of 1.39. The business's 50 day simple moving average is C$0.19 and its 200 day simple moving average is C$0.18.

About Group Eleven Resources

(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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