Grande Portage Resources (CVE:GPG) Shares Up 14.3% – Should You Buy?

Shares of Grande Portage Resources Ltd. (CVE:GPGGet Free Report) rose 14.3% on Wednesday . The stock traded as high as C$0.29 and last traded at C$0.28. Approximately 708,000 shares changed hands during trading, an increase of 244% from the average daily volume of 205,932 shares. The stock had previously closed at C$0.25.

Grande Portage Resources Price Performance

The firm has a fifty day moving average of C$0.25 and a two-hundred day moving average of C$0.21. The company has a current ratio of 0.51, a quick ratio of 14.73 and a debt-to-equity ratio of 0.90. The company has a market capitalization of C$40.98 million, a PE ratio of -27.00 and a beta of -0.48.

Grande Portage Resources Company Profile

(Get Free Report)

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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