Group Eleven Resources (CVE:ZNG) Shares Down 2.9%

Group Eleven Resources Corp. (CVE:ZNG) shares were down 2.9% during trading on Thursday . The stock traded as low as C$0.17 and last traded at C$0.17. Approximately 21,500 shares were traded during trading, a decline of 85% from the average daily volume of 145,953 shares. The stock had previously closed at C$0.18.

Group Eleven Resources Trading Down 2.9 %

The company has a 50 day moving average of C$0.19 and a 200 day moving average of C$0.16. The stock has a market capitalization of C$34.07 million, a price-to-earnings ratio of -8.50 and a beta of 1.43. The company has a debt-to-equity ratio of 0.43, a quick ratio of 2.73 and a current ratio of 3.82.

Group Eleven Resources (CVE:ZNG) last released its quarterly earnings data on Monday, April 22nd. The company reported C($0.01) EPS for the quarter.

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.