Eagle Plains Resources (CVE:EPL) Shares Up 25% – Here’s Why

Eagle Plains Resources Ltd. (CVE:EPL) shares shot up 25% on Friday . The stock traded as high as C$0.25 and last traded at C$0.25. 187,100 shares were traded during mid-day trading, a decline of 8% from the average session volume of 203,030 shares. The stock had previously closed at C$0.20.

Eagle Plains Resources Stock Performance

The business has a 50-day simple moving average of C$0.17 and a 200-day simple moving average of C$0.16. The firm has a market capitalization of C$25.34 million, a PE ratio of 22.00 and a beta of 1.48. The company has a debt-to-equity ratio of 0.01, a current ratio of 7.33 and a quick ratio of 5.73.

About Eagle Plains Resources

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.