Group Eleven Resources Corp. (CVE:ZNG – Get Free Report)’s share price was down 13.6% on Tuesday . The stock traded as low as C$0.17 and last traded at C$0.19. Approximately 190,600 shares were traded during mid-day trading, an increase of 205% from the average daily volume of 62,494 shares. The stock had previously closed at C$0.22.
Group Eleven Resources Price Performance
The company has a market cap of C$42.38 million, a price-to-earnings ratio of -10.25 and a beta of 1.39. The company has a fifty day simple moving average of C$0.18 and a two-hundred day simple moving average of C$0.18. The company has a quick ratio of 2.73, a current ratio of 6.66 and a debt-to-equity ratio of 0.43.
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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