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Group Eleven Resources (CVE:ZNG) Shares Down 8.6% - What's Next?

Group Eleven Resources logo with Basic Materials background

Group Eleven Resources Corp. (CVE:ZNG - Get Free Report) traded down 8.6% during trading on Monday . The company traded as low as C$0.32 and last traded at C$0.32. 213,610 shares changed hands during trading, an increase of 70% from the average session volume of 125,590 shares. The stock had previously closed at C$0.35.

Group Eleven Resources Price Performance

The stock has a market capitalization of C$81.65 million, a PE ratio of -19.75 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 firm's 50 day simple moving average is C$0.31 and its 200 day simple moving average is C$0.22.

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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