Grande Portage Resources (CVE:GPG) Stock Price Up 13.5% – Still a Buy?

Grande Portage Resources Ltd. (CVE:GPG – Get Free Report)’s share price rose 13.5% during mid-day trading on Friday. The company traded as high as C$0.29 and last traded at C$0.29. Approximately 123,700 shares changed hands during mid-day trading, a decline of 27% from the average session volume of 169,721 shares. The stock had previously closed at C$0.26.

Grande Portage Resources Price Performance

The company has a current ratio of 7.62, a quick ratio of 14.73 and a debt-to-equity ratio of 0.05. The company has a 50 day simple moving average of C$0.30 and a 200 day simple moving average of C$0.35. The stock has a market cap of C$60.30 million, a P/E ratio of -29.50 and a beta of 1.62.

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.

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