Grande Portage Resources (CVE:GPG) Stock Price Down 15.2% – Here’s Why

Grande Portage Resources Ltd. (CVE:GPGGet Free Report)’s share price traded down 15.2% during trading on Wednesday . The stock 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 Stock Performance

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

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.

Further Reading

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