Group Eleven Resources Corp. (CVE:ZNG - Get Free Report) rose 21% during mid-day trading on Monday . The company traded as high as C$0.38 and last traded at C$0.38. Approximately 289,400 shares traded hands during mid-day trading, an increase of 139% from the average daily volume of 121,055 shares. The stock had previously closed at C$0.31.
Group Eleven Resources Trading Up 1.4%
The stock has a market capitalization of C$73.39 million, a price-to-earnings ratio of -17.75 and a beta of 1.39. The business has a 50-day moving average of C$0.23 and a 200-day moving average of C$0.20. The company has a debt-to-equity ratio of 0.43, a quick ratio of 2.73 and a current ratio of 6.66.
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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