Group Eleven Resources Corp. (CVE:ZNG – Get Free Report) traded down 2.7% during mid-day trading on Wednesday . The company traded as low as C$0.18 and last traded at C$0.18. 14,000 shares changed hands during trading, a decline of 57% from the average session volume of 32,611 shares. The stock had previously closed at C$0.19.
Group Eleven Resources Stock Performance
The firm’s fifty day simple moving average is C$0.18 and its 200 day simple moving average is C$0.18. The company has a market capitalization of C$42.38 million, a PE ratio of -10.25 and a beta of 1.39. 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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