Group Eleven Resources (CVE:ZNG) Shares Up 20%

Shares of Group Eleven Resources Corp. (CVE:ZNGGet Free Report) shot up 20% on Thursday . The company traded as high as C$0.21 and last traded at C$0.21. 230,600 shares changed hands during mid-day trading, an increase of 118% from the average session volume of 105,694 shares. The stock had previously closed at C$0.18.

Group Eleven Resources Stock Up 20.0 %

The company has a debt-to-equity ratio of 0.43, a current ratio of 1.76 and a quick ratio of 2.73. The stock has a fifty day moving average price of C$0.16 and a two-hundred day moving average price of C$0.13. The company has a market cap of C$41.99 million, a P/E ratio of -10.50 and a beta of 1.25.

Group Eleven Resources Company Profile

(Get Free Report)

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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