Grande Portage Resources Ltd. (CVE:GPG – Get Free Report) dropped 3.8% on Monday . The company traded as low as C$0.25 and last traded at C$0.26. 55,350 shares changed hands during trading, a decline of 77% from the average daily volume of 237,525 shares. The stock had previously closed at C$0.27.
Grande Portage Resources Stock Down 3.8%
The firm’s fifty day moving average price is C$0.35 and its 200-day moving average price is C$0.39. The company has a market capitalization of C$45.79 million, a price-to-earnings ratio of -25.50 and a beta of 0.67. The company has a debt-to-equity ratio of 0.18, a current ratio of 44.14 and a quick ratio of 14.73.
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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