Group Eleven Resources Corp. (CVE:ZNG – Get Rating)’s share price rose 21.4% during trading on Monday . The stock traded as high as C$0.09 and last traded at C$0.09. Approximately 216,500 shares traded hands during mid-day trading, an increase of 391% from the average daily volume of 44,091 shares. The stock had previously closed at C$0.07.
Group Eleven Resources Price Performance
The company has a quick ratio of 2.73, a current ratio of 2.74 and a debt-to-equity ratio of 0.40. The company has a fifty day simple moving average of C$0.08 and a 200 day simple moving average of C$0.08. The firm has a market capitalization of C$14.25 million, a P/E ratio of -9.00 and a beta of 1.11.
About Group Eleven Resources
Group Eleven Resources Corp. engages in the 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 five licenses (PLs) covering 133 square kilometers located in the northern County Tipperary; the PG West project consists of 25 PLs located in the Limerick region.
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