Shares of Group Eleven Resources Corp. (CVE:ZNG - Get Free Report) traded up 16.9% on Wednesday . The stock traded as high as C$0.38 and last traded at C$0.38. 156,800 shares traded hands during trading, an increase of 23% from the average session volume of 127,197 shares. The stock had previously closed at C$0.33.
Group Eleven Resources Price Performance
The company has a debt-to-equity ratio of 0.43, a quick ratio of 2.73 and a current ratio of 6.66. The company has a market cap of C$81.65 million, a P/E ratio of -19.75 and a beta of 1.39. The firm has a 50 day moving average price of C$0.31 and a two-hundred day moving average price of C$0.23.
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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