Grande Portage Resources (CVE:GPG) Shares Down 4.4% – Here’s What Happened

Grande Portage Resources Ltd. (CVE:GPGGet Free Report) traded down 4.4% during mid-day trading on Thursday . The stock traded as low as C$0.21 and last traded at C$0.22. Approximately 43,471 shares traded hands during mid-day trading, a decline of 75% from the average daily volume of 170,906 shares. The stock had previously closed at C$0.23.

Grande Portage Resources Stock Down 7.0 %

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 cap of C$22.52 million, a PE ratio of -21.74 and a beta of 1.10. The firm’s 50 day moving average is C$0.19 and its 200-day moving average is C$0.22.

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.

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