Shares of Grande Portage Resources Ltd. (CVE:GPG – Get Free Report) traded down 13.9% during mid-day trading on Thursday . The company traded as low as C$0.34 and last traded at C$0.34. 111,768 shares traded hands during trading, a decline of 66% from the average session volume of 325,906 shares. The stock had previously closed at C$0.40.
Grande Portage Resources Price Performance
The stock’s 50 day moving average price is C$0.44 and its 200-day moving average price is C$0.34. The company has a quick ratio of 14.73, a current ratio of 16.63 and a debt-to-equity ratio of 0.32. The stock has a market capitalization of C$65.47 million, a PE ratio of -36.50 and a beta of 0.79.
About Grande Portage Resources
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. Grande Portage Resources Ltd. was incorporated in 1984 and is headquartered in Vancouver, Canada.
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