Eagle Plains Resources (CVE:EPL) Trading 23.7% Higher – Here’s Why

Eagle Plains Resources Ltd. (CVE:EPL)’s stock price rose 23.7% during mid-day trading on Wednesday . The company traded as high as C$0.24 and last traded at C$0.24. Approximately 259,475 shares were traded during trading, an increase of 53% from the average daily volume of 169,907 shares. The stock had previously closed at C$0.19.

Eagle Plains Resources Price Performance

The company has a market capitalization of C$27.07 million, a PE ratio of 23.50 and a beta of 1.53. The firm has a fifty day moving average of C$0.20 and a two-hundred day moving average of C$0.17. The company has a current ratio of 7.33, a quick ratio of 5.73 and a debt-to-equity ratio of 0.01.

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.