Group Eleven Resources (CVE:ZNG) Shares Down 9.5%

Group Eleven Resources Corp. (CVE:ZNGGet Free Report) shares were down 9.5% during mid-day trading on Monday . The stock traded as low as C$0.19 and last traded at C$0.19. Approximately 290,934 shares traded hands during trading, an increase of 128% from the average daily volume of 127,774 shares. The stock had previously closed at C$0.21.

Group Eleven Resources Stock Performance

The stock has a market cap of C$37.13 million, a price-to-earnings ratio of -10.50 and a beta of 1.40. 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 stock’s 50-day moving average is C$0.19 and its 200-day moving average is C$0.18.

About Group Eleven Resources

(Get Free Report)

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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