Group Eleven Resources Corp. (CVE:ZNG - Get Free Report) was up 10.2% during trading on Tuesday . The company traded as high as C$0.33 and last traded at C$0.33. Approximately 195,863 shares changed hands during trading, an increase of 66% from the average daily volume of 118,257 shares. The stock had previously closed at C$0.30.
Group Eleven Resources Price Performance
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 business's 50-day simple moving average is C$0.21 and its 200 day simple moving average is C$0.19. The firm has a market capitalization of C$67.18 million, a P/E ratio of -16.25 and a beta of 1.39.
About Group Eleven Resources
(
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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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