Eagle Plains Resources (CVE:EPL) Hits New 52-Week Low – Here’s Why

Eagle Plains Resources Ltd. (CVE:EPL) hit a new 52-week low during mid-day trading on Monday . The stock traded as low as C$0.10 and last traded at C$0.10, with a volume of 9000 shares trading hands. The stock had previously closed at C$0.10.

Eagle Plains Resources Stock Performance

The company has a market cap of C$10.93 million, a P/E ratio of 1.58 and a beta of 1.29. The business has a fifty day simple moving average of C$0.10 and a 200 day simple moving average of C$0.11. The company has a debt-to-equity ratio of 0.01, a quick ratio of 5.73 and a current ratio of 7.33.

Eagle Plains Resources Company Profile

Eagle Plains Resources Ltd., a junior resource company, acquires, explores for, and develops mineral resource properties in Western Canada. The company explores for gold, critical-metals, uranium, lithium, rare earth elements, and industrial minerals. It controls approximately 50 gold, silver, uranium, copper, molybdenum, lead, zinc, gypsum, and rare earth mineral projects, 10 of which are under option agreements with third parties in British Columbia, Yukon, the Northwest Territories, and Saskatchewan.