Group Eleven Resources Corp. (CVE:ZNG – Get Free Report) shares were down 4.8% on Monday . The company traded as low as C$0.20 and last traded at C$0.20. Approximately 42,400 shares traded hands during mid-day trading, a decline of 69% from the average daily volume of 135,863 shares. The stock had previously closed at C$0.21.
Group Eleven Resources Stock Performance
The company has a quick ratio of 2.73, a current ratio of 6.66 and a debt-to-equity ratio of 0.43. The company has a market cap of C$41.34 million, a PE ratio of -10.00 and a beta of 1.41. The firm has a fifty day simple moving average of C$0.19 and a 200-day simple moving average of C$0.19.
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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