Group Eleven Resources Corp. (CVE:ZNG – Get Free Report) shares dropped 5.9% on Friday . The company traded as low as C$0.16 and last traded at C$0.16. Approximately 259,762 shares were traded during trading, an increase of 110% from the average daily volume of 123,898 shares. The stock had previously closed at C$0.17.
Group Eleven Resources Price Performance
The stock has a market cap of C$32.12 million, a P/E ratio of -8.00 and a beta of 1.40. 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 fifty day simple moving average is C$0.18 and its 200-day simple moving average is 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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