Group Eleven Resources Corp. (CVE:ZNG – Get Free Report)’s share price was up 1.4% on Friday. The stock traded as high as C$0.74 and last traded at C$0.73. Approximately 128,288 shares were traded during trading, a decline of 43% from the average session volume of 224,304 shares. The stock had previously closed at C$0.72.
Group Eleven Resources Trading Up 1.4%
The company has a market capitalization of C$207.16 million, a price-to-earnings ratio of -36.50 and a beta of 3.81. The company has a debt-to-equity ratio of 0.43, a quick ratio of 2.73 and a current ratio of 6.66. The business’s 50 day moving average price is C$0.82 and its two-hundred day moving average price is C$0.92.
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. The company also holds 60% interest in the Ballinalack project, which comprises 5 PLs covering an area of 169.0 square kilometers located in northeast Ireland; and 76.56% interest in the Stonepark project comprising 6 PLs covering an area of 183.6 square kilometers located in County Limerick, Ireland.
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