Grande Portage Resources (CVE:GPG) Trading Down 5.9% – Here’s What Happened

Grande Portage Resources Ltd. (CVE:GPGGet Free Report) shares dropped 5.9% during mid-day trading on Tuesday . The company traded as low as C$0.16 and last traded at C$0.16. Approximately 340,835 shares traded hands during mid-day trading, an increase of 420% from the average daily volume of 65,563 shares. The stock had previously closed at C$0.17.

Grande Portage Resources Price Performance

The company has a debt-to-equity ratio of 0.89, a current ratio of 0.51 and a quick ratio of 14.73. The stock has a fifty day moving average price of C$0.20 and a 200-day moving average price of C$0.21. The company has a market cap of C$19.17 million, a PE ratio of -16.00 and a beta of 1.10.

Grande Portage Resources Company Profile

(Get Free Report)

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.

Further Reading

Receive News & Ratings for Grande Portage Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Grande Portage Resources and related companies with MarketBeat.com's FREE daily email newsletter.