Grande Portage Resources (CVE:GPG) Trading Up 44% – What’s Next?

Grande Portage Resources Ltd. (CVE:GPGGet Free Report)’s share price shot up 44% during mid-day trading on Thursday . The company traded as high as C$0.36 and last traded at C$0.36. Approximately 403,600 shares were traded during trading, an increase of 70% from the average daily volume of 238,011 shares. The stock had previously closed at C$0.25.

Grande Portage Resources Trading Up 34.0%

The company has a debt-to-equity ratio of 0.18, a quick ratio of 14.73 and a current ratio of 44.14. The firm has a fifty day moving average price of C$0.34 and a 200 day moving average price of C$0.39. The company has a market cap of C$60.15 million, a price-to-earnings ratio of -33.50 and a beta of 0.67.

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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