Group Eleven Resources (CVE:ZNG) Trading Down 5.9%

Group Eleven Resources Corp. (CVE:ZNGGet Free Report)’s share price traded down 5.9% during trading on Friday . The company traded as low as C$0.16 and last traded at C$0.16. 259,762 shares traded hands during trading, an increase of 110% from the average session volume of 123,898 shares. The stock had previously closed at C$0.17.

Group Eleven Resources Trading Down 5.9 %

The stock has a 50-day moving average of C$0.18 and a 200 day moving average of C$0.18. 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 stock has a market cap of C$32.12 million, a PE ratio of -8.00 and a beta of 1.40.

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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