Grande Portage Resources (CVE:GPG) Stock Jumps 1.9% – Time to Buy?

Shares of Grande Portage Resources Ltd. (CVE:GPG – Get Free Report) shot up 1.9% on Friday. The stock traded as high as C$0.28 and last traded at C$0.28. Approximately 12,011 shares traded hands during trading, a decline of 93% from the average session volume of 178,201 shares. The stock had previously closed at C$0.27.

Grande Portage Resources Price Performance

The stock has a fifty day moving average of C$0.34 and a 200-day moving average of C$0.34. The company has a quick ratio of 14.73, a current ratio of 7.62 and a debt-to-equity ratio of 0.05. The stock has a market capitalization of C$56.21 million, a price-to-earnings ratio of -27.50 and a beta of 0.83.

Grande Portage Resources Company Profile

(Get Free Report)

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.

Further Reading

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