Shares of Grande Portage Resources Ltd. (CVE:GPG – Get Free Report) rose 44% on Thursday . The company traded as high as C$0.36 and last traded at C$0.36. Approximately 403,600 shares were traded during trading, an increase of 70% from the average daily volume of 238,011 shares. The stock had previously closed at C$0.25.
Grande Portage Resources Trading Up 34.0%
The business has a 50 day moving average of C$0.34 and a two-hundred day moving average of C$0.39. The firm has a market cap of C$60.15 million, a P/E ratio of -33.50 and a beta of 0.67. The company has a current ratio of 44.14, a quick ratio of 14.73 and a debt-to-equity ratio of 0.18.
About Grande Portage Resources
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. Grande Portage Resources Ltd. was incorporated in 1984 and is headquartered in Vancouver, Canada.
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