Shares of Group Eleven Resources Corp. (CVE:ZNG – Get Free Report) shot up 20% during mid-day trading on Thursday . The stock traded as high as C$0.21 and last traded at C$0.21. 230,600 shares changed hands during trading, an increase of 118% from the average session volume of 105,694 shares. The stock had previously closed at C$0.18.
Group Eleven Resources Stock Up 17.1 %
The stock has a market capitalization of C$40.99 million, a P/E ratio of -8.75 and a beta of 1.25. The firm’s fifty day moving average is C$0.16 and its 200-day moving average is C$0.13. The company has a current ratio of 1.76, a quick ratio of 2.73 and a debt-to-equity ratio of 0.43.
About Group Eleven Resources
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.
Recommended Stories
- Five stocks we like better than Group Eleven Resources
- What Investors Must Know About Over-the-Counter (OTC) Stocks
- Disney Stock Catches 3 Upgrades In a Single Week
- What Investors Need to Know to Beat the Market
- Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
- 3 Healthcare Dividend Stocks to Buy
- Delta Airline’s Put Option Activity Isn’t Bad News
Receive News & Ratings for Group Eleven Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Group Eleven Resources and related companies with MarketBeat.com's FREE daily email newsletter.
