Shares of Grande Portage Resources Ltd. (CVE:GPG – Get Free Report) shot up 6.3% during trading on Wednesday . The company traded as high as C$0.17 and last traded at C$0.17. 115,224 shares were traded during trading, an increase of 69% from the average session volume of 68,065 shares. The stock had previously closed at C$0.16.
Grande Portage Resources Stock Up 12.5 %
The firm’s fifty day simple moving average is C$0.20 and its two-hundred day simple moving average is C$0.21. The company has a current ratio of 0.51, a quick ratio of 14.73 and a debt-to-equity ratio of 0.89. The company has a market capitalization of C$21.56 million, a price-to-earnings ratio of -18.00 and a beta of 1.10.
About Grande Portage Resources
Grande Portage Resources Ltd., an exploration stage company, explores for, and develops natural resource properties in the United States. It primarily explores for gold deposits. The company holds 100% interest in the Herbert gold property comprising 91 unpatented mining claims and located 25km in the north of Juneau, Alaska.
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