Group Eleven Resources (CVE:ZNG) Stock Price Down 2.8% – What’s Next?

Group Eleven Resources Corp. (CVE:ZNGGet Free Report)’s share price was down 2.8% during trading on Tuesday . The stock traded as low as C$0.18 and last traded at C$0.18. Approximately 50,000 shares changed hands during trading, a decline of 50% from the average daily volume of 99,377 shares. The stock had previously closed at C$0.18.

Group Eleven Resources Trading Down 2.8 %

The stock has a fifty day moving average of C$0.19 and a two-hundred day moving average of C$0.19. The company has a market capitalization of C$36.18 million, a PE ratio of -8.75 and a beta of 1.39. The company has a current ratio of 6.66, a quick ratio of 2.73 and a debt-to-equity ratio of 0.43.

About Group Eleven Resources

(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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