Shares of Group Eleven Resources Corp. (CVE:ZNG – Get Free Report) traded down 13.6% during mid-day trading on Tuesday . The company traded as low as C$0.17 and last traded at C$0.19. 193,247 shares were traded during trading, an increase of 182% from the average session volume of 68,513 shares. The stock had previously closed at C$0.22.
Group Eleven Resources Trading Down 11.4 %
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 company has a market capitalization of C$40.31 million, a PE ratio of -9.75 and a beta of 1.39. The business has a fifty day moving average price of C$0.18 and a 200 day moving average price of C$0.18.
Group Eleven Resources Company Profile
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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