Group Eleven Resources Corp. (CVE:ZNG - Get Free Report) shot up 27.7% during trading on Saturday . The company traded as high as C$0.34 and last traded at C$0.30. 739,537 shares were traded during mid-day trading, an increase of 542% from the average session 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$51.68 million, a PE ratio of -12.50 and a beta of 1.39. The firm's 50-day simple moving average is C$0.19 and its 200-day simple moving average is C$0.18. The company has a current ratio of 6.66, a quick ratio of 2.73 and a debt-to-equity ratio of 0.43.
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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