Shares of Group Eleven Resources Corp. (CVE:ZNG – Get Free Report) were up 27.7% on Saturday . The company traded as high as C$0.34 and last traded at C$0.30. Approximately 739,537 shares traded hands during trading, an increase of 542% from the average daily volume of 115,199 shares. The stock had previously closed at C$0.24.
Group Eleven Resources Trading Up 27.7%
The stock has a market capitalization of C$62.02 million, a price-to-earnings ratio of -15.00 and a beta of 1.39. 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 business’s 50-day simple moving average is C$0.18 and its two-hundred day simple moving average is 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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