Group Eleven Resources Corp. (CVE:ZNG – Get Free Report)’s stock price shot up 27.7% on Friday . The stock traded as high as C$0.34 and last traded at C$0.30. 739,537 shares changed hands during mid-day trading, an increase of 542% from the average session volume of 115,199 shares. The stock had previously closed at C$0.24.
Group Eleven Resources Stock Up 27.7 %
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 business’s 50-day moving average is C$0.18 and its two-hundred day moving average is C$0.18. The stock has a market capitalization of C$62.02 million, a price-to-earnings ratio of -15.00 and a beta of 1.39.
Group Eleven Resources Company Profile
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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