Grande Portage Resources (CVE:GPG) Stock Price Up 10.2% – Here’s What Happened

Grande Portage Resources Ltd. (CVE:GPGGet Free Report) shares rose 10.2% during mid-day trading on Wednesday . The company traded as high as C$0.27 and last traded at C$0.27. Approximately 285,500 shares changed hands during trading, an increase of 40% from the average daily volume of 203,396 shares. The stock had previously closed at C$0.25.

Grande Portage Resources Stock Performance

The stock has a market cap of C$40.98 million, a price-to-earnings ratio of -27.00 and a beta of -0.48. The company has a current ratio of 0.51, a quick ratio of 14.73 and a debt-to-equity ratio of 0.90. The stock’s 50-day moving average is C$0.25 and its 200-day moving average is C$0.21.

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.

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