Eagle Plains Resources (CVE:EPL) Stock Price Up 15% – Here’s What Happened

Eagle Plains Resources Ltd. (CVE:EPL)’s share price shot up 15% during trading on Wednesday . The company traded as high as C$0.24 and last traded at C$0.23. 647,200 shares changed hands during trading, an increase of 274% from the average session volume of 173,157 shares. The stock had previously closed at C$0.20.

Eagle Plains Resources Price Performance

The company has a debt-to-equity ratio of 0.01, a current ratio of 7.33 and a quick ratio of 5.73. The company has a market cap of C$23.04 million, a PE ratio of 20.00 and a beta of 1.53. The business’s 50 day moving average is C$0.20 and its 200-day moving average is C$0.17.

Eagle Plains Resources Company Profile

Eagle Plains Resources Ltd., a junior resource company, acquires, explores for, and develops mineral resource properties in Western Canada. The company explores for gold, critical-metals, uranium, lithium, rare earth elements, and industrial minerals. It controls approximately 50 gold, silver, uranium, copper, molybdenum, lead, zinc, gypsum, and rare earth mineral projects, 10 of which are under option agreements with third parties in British Columbia, Yukon, the Northwest Territories, and Saskatchewan.