Grande Portage Resources (CVE:GPG) Trading Down 2.6% – Time to Sell?

Grande Portage Resources Ltd. (CVE:GPGGet Free Report)’s stock price was down 2.6% during trading on Friday . The company traded as low as C$0.36 and last traded at C$0.37. Approximately 26,000 shares were traded during mid-day trading, a decline of 87% from the average daily volume of 197,649 shares. The stock had previously closed at C$0.38.

Grande Portage Resources Stock Performance

The company has a debt-to-equity ratio of 0.12, a current ratio of 24.75 and a quick ratio of 14.73. The company’s 50-day moving average price is C$0.34 and its two-hundred day moving average price is C$0.37. The company has a market capitalization of C$68.46 million, a price-to-earnings ratio of -37.00 and a beta of 0.94.

About Grande Portage Resources

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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. Grande Portage Resources Ltd. was incorporated in 1984 and is headquartered in Vancouver, Canada.

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