Grande Portage Resources (CVE:GPG) Shares Up 6.3% – Should You Buy?

Grande Portage Resources Ltd. (CVE:GPGGet Free Report)’s stock price shot up 6.3% on Tuesday . The stock traded as high as C$0.26 and last traded at C$0.26. 184,250 shares changed hands during trading, a decline of 9% from the average session volume of 201,775 shares. The stock had previously closed at C$0.24.

Grande Portage Resources Price Performance

The company has a 50-day moving average of C$0.25 and a 200-day moving average of C$0.21. The company has a debt-to-equity ratio of 0.90, a quick ratio of 14.73 and a current ratio of 0.51. The firm has a market capitalization of C$37.19 million, a price-to-earnings ratio of -24.50 and a beta of -0.48.

About Grande Portage Resources

(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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