Grande Portage Resources (CVE:GPG) Hits New 52-Week High – Time to Buy?

Grande Portage Resources Ltd. (CVE:GPGGet Free Report) shares reached a new 52-week high during trading on Monday . The company traded as high as C$0.37 and last traded at C$0.38, with a volume of 57155 shares trading hands. The stock had previously closed at C$0.34.

Grande Portage Resources Price Performance

The firm has a market cap of C$39.53 million, a price-to-earnings ratio of -37.50 and a beta of 1.10. The company’s fifty day moving average is C$0.24 and its 200 day moving average is C$0.21. The company has a quick ratio of 14.73, a current ratio of 0.51 and a debt-to-equity ratio of 0.89.

About Grande Portage Resources

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Grande Portage Resources Ltd., an exploration stage company, explores for, and develops natural resource properties in the United States. It primarily explores for gold deposits. The company holds 100% interest in the Herbert gold property comprising 91 unpatented mining claims and located 25km in the north of Juneau, Alaska.

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