Group Eleven Resources Corp. (CVE:ZNG – Get Free Report) shares were up 3% during mid-day trading on Friday . The stock traded as high as C$0.17 and last traded at C$0.17. Approximately 53,301 shares changed hands during mid-day trading, a decline of 59% from the average daily volume of 130,359 shares. The stock had previously closed at C$0.17.
Group Eleven Resources Price Performance
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 company has a market cap of C$35.14 million, a price-to-earnings ratio of -8.50 and a beta of 1.39. The business has a fifty day moving average price of C$0.18 and a 200 day moving average price of C$0.19.
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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