Group Eleven Resources Corp. (CVE:ZNG - Get Free Report)'s stock price rose 27.7% on Saturday . The company traded as high as C$0.34 and last traded at C$0.30. Approximately 739,537 shares changed hands during mid-day 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 Performance
The company has a market capitalization of C$59.95 million, a price-to-earnings ratio of -14.50 and a beta of 1.39. The company has a debt-to-equity ratio of 0.43, a current ratio of 6.66 and a quick ratio of 2.73. The stock has a 50 day moving average price of C$0.18 and a two-hundred day moving average price of C$0.18.
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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