Grande Portage Resources (CVE:GPG) Trading Down 15.2% – What’s Next?

Grande Portage Resources Ltd. (CVE:GPGGet Free Report) shares fell 15.2% during mid-day trading on Wednesday . The company traded as low as C$0.19 and last traded at C$0.20. 1,291,045 shares changed hands during trading, an increase of 889% from the average session volume of 130,555 shares. The stock had previously closed at C$0.23.

Grande Portage Resources Trading Down 15.2%

The company has a debt-to-equity ratio of 0.90, a current ratio of 0.51 and a quick ratio of 14.73. The firm has a market capitalization of C$21.96 million, a PE ratio of -21.20 and a beta of 1.10. The business’s 50-day moving average price is C$0.19 and its 200-day moving average price is C$0.20.

Grande Portage Resources Company Profile

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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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