Grande Portage Resources (CVE:GPG) Trading 14.3% Higher – Should You Buy?

Grande Portage Resources Ltd. (CVE:GPGGet Free Report) shot up 14.3% on Thursday . The stock traded as high as C$0.32 and last traded at C$0.32. 700,802 shares traded hands during mid-day trading, an increase of 223% from the average session volume of 217,142 shares. The stock had previously closed at C$0.28.

Grande Portage Resources Trading Up 10.7%

The company’s 50 day moving average price is C$0.26 and its 200 day moving average price is C$0.22. The firm has a market cap of C$47.05 million, a PE ratio of -31.00 and a beta of -0.48. The company has a debt-to-equity ratio of 0.90, a current ratio of 0.51 and a quick ratio of 14.73.

Grande Portage Resources Company Profile

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Grande Portage Resources Ltd., an exploration stage company, explores for, and develops natural resource properties in the United States. It primarily explores for gold deposits. The company holds 100% interest in the Herbert gold property comprising 91 unpatented mining claims and located 25km in the north of Juneau, Alaska.

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