Group Eleven Resources Corp. (CVE:ZNG – Get Free Report)’s stock price fell 5.9% during trading on Friday . The company traded as low as C$0.16 and last traded at C$0.16. 259,762 shares traded hands during trading, an increase of 110% from the average session volume of 123,898 shares. The stock had previously closed at C$0.17.
Group Eleven Resources Stock Down 5.9 %
The company has a market cap of C$32.12 million, a P/E ratio of -8.00 and a beta of 1.40. The company’s 50-day moving average is C$0.18 and its two-hundred day moving average is C$0.18. The company has a debt-to-equity ratio of 0.43, a current ratio of 6.66 and a quick ratio of 2.73.
About Group Eleven Resources
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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