Group Eleven Resources (CVE:ZNG) Trading Down 1.3% – What’s Next?

Shares of Group Eleven Resources Corp. (CVE:ZNGGet Free Report) fell 1.3% on Thursday . The stock traded as low as C$0.38 and last traded at C$0.39. 150,090 shares were traded during trading, a decline of 13% from the average session volume of 173,136 shares. The stock had previously closed at C$0.39.

Group Eleven Resources Trading Down 1.3%

The company has a 50 day moving average of C$0.34 and a two-hundred day moving average of C$0.29. 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 stock has a market capitalization of C$99.21 million, a PE ratio of -19.25 and a beta of 2.08.

Group Eleven Resources Company Profile

(Get Free Report)

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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