Group Eleven Resources Corp. (CVE:ZNG – Get Free Report) shares were up 10.3% during trading on Wednesday . The company traded as high as C$0.16 and last traded at C$0.16. Approximately 110,500 shares traded hands during mid-day trading, an increase of 200% from the average daily volume of 36,858 shares. The stock had previously closed at C$0.15.
Group Eleven Resources Stock Performance
The company has a debt-to-equity ratio of 0.43, a current ratio of 6.66 and a quick ratio of 2.73. The firm has a market cap of C$35.14 million, a PE ratio of -8.50 and a beta of 1.39. The business has a 50-day simple moving average of C$0.18 and a 200 day simple moving average of C$0.18.
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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