Shares of Group Eleven Resources Corp. (CVE:ZNG – Get Free Report) fell 9.5% on Monday . The company traded as low as C$0.19 and last traded at C$0.19. 290,934 shares traded hands during mid-day trading, an increase of 128% from the average session volume of 127,774 shares. The stock had previously closed at C$0.21.
Group Eleven Resources Stock Performance
The company has a current ratio of 6.66, a quick ratio of 2.73 and a debt-to-equity ratio of 0.43. The company’s 50-day moving average is C$0.19 and its two-hundred day moving average is C$0.18. The stock has a market capitalization of C$37.21 million, a P/E ratio of -9.00 and a beta of 1.41.
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.
Featured Articles
- Five stocks we like better than Group Eleven Resources
- Utilities Stocks Explained – How and Why to Invest in Utilities
- Goldilocks CPI Report Leads Market to Sell Off, Lower Lows Ahead
- What is Put Option Volume?
- GameStop: Earnings Won’t Save It, Dilution Points to Trouble
- Low PE Growth Stocks: Unlocking Investment Opportunities
- Dividend Aristocrats or Dividend Kings: Which Is Best for You?
Receive News & Ratings for Group Eleven Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Group Eleven Resources and related companies with MarketBeat.com's FREE daily email newsletter.
