Glen Eagle Resources (GER) Hits New 12-Month Low at $0.10
Glen Eagle Resources Inc (CVE:GER)’s share price hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as C$0.10 and last traded at C$0.09, with a volume of 11131 shares changing hands. The stock had previously closed at C$0.09.
The stock has a market cap of $7.46 million and a PE ratio of -8.50. The company has a debt-to-equity ratio of 9.68, a current ratio of 0.50 and a quick ratio of 0.26.
About Glen Eagle Resources (CVE:GER)
Glen Eagle Resources Inc engages in the acquisition, exploration, evaluation, and development of mining properties in Canada and Central America. The company holds a 100% interest in the Moose Lake phosphate property with 141 claims located in St-Jean Lake area, Quebec; and the La Cobra property with one claim covering approximately 775 hectares located in the Valle Department, Honduras.
Further Reading: How Do You Calculate Return on Equity (ROE)?
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