Grande Portage Resources Ltd. (CVE:GPG – Get Free Report) shares shot up 11.8% during mid-day trading on Friday . The stock traded as high as C$0.39 and last traded at C$0.38. 181,398 shares were traded during trading, a decline of 13% from the average session volume of 208,910 shares. The stock had previously closed at C$0.34.
Grande Portage Resources Stock Performance
The firm has a fifty day simple moving average of C$0.31 and a 200 day simple moving average of C$0.37. The company has a current ratio of 24.75, a quick ratio of 14.73 and a debt-to-equity ratio of 0.12. The stock has a market cap of C$71.23 million, a price-to-earnings ratio of -38.50 and a beta of 0.67.
About Grande Portage Resources
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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