Group Eleven Resources Corp. (CVE:ZNG – Get Free Report) shares traded up 10.3% during mid-day trading on Wednesday . The company traded as high as C$0.16 and last traded at C$0.16. 110,500 shares changed hands during trading, an increase of 200% from the average session volume of 36,858 shares. The stock had previously closed at C$0.15.
Group Eleven Resources Price Performance
The company’s fifty day moving average is C$0.18 and its 200 day moving average is C$0.18. The company has a quick ratio of 2.73, a current ratio of 6.66 and a debt-to-equity ratio of 0.43. The stock has a market cap of C$35.14 million, a PE ratio of -8.50 and a beta of 1.39.
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.
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