Glen Eagle Resources (CVE:GER) Trading 12.5% Higher

Glen Eagle Resources Inc. (CVE:GERGet Rating) shares traded up 12.5% on Thursday . The company traded as high as C$0.05 and last traded at C$0.05. 59,946 shares were traded during mid-day trading, a decline of 67% from the average session volume of 179,711 shares. The stock had previously closed at C$0.04.

Glen Eagle Resources Trading Up 22.2 %

The firm’s 50-day moving average price is C$0.04 and its 200-day moving average price is C$0.06. The company has a quick ratio of 0.11, a current ratio of 0.22 and a debt-to-equity ratio of 193.07. The company has a market cap of C$7.87 million and a P/E ratio of -1.57.

Glen Eagle Resources Company Profile

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Glen Eagle Resources Inc engages in the acquisition, exploration, development, and evaluation of mining properties. The company holds a 100% interest in the Moose Lake phosphate property located in St-Jean Lake area, Quebec; and 80% interest in Piedra Dorada mining concession located in the mining district of El Corpus in Honduras.

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