Eagle Plains Resources (CVE:EPL) Trading 10.5% Higher – Still a Buy?

Shares of Eagle Plains Resources Ltd. (CVE:EPL) rose 10.5% during mid-day trading on Wednesday . The company traded as high as C$0.11 and last traded at C$0.11. Approximately 156,200 shares traded hands during trading, an increase of 90% from the average daily volume of 82,294 shares. The stock had previously closed at C$0.10.

Eagle Plains Resources Trading Up 10.5 %

The company has a quick ratio of 5.73, a current ratio of 7.33 and a debt-to-equity ratio of 0.01. The company has a 50-day moving average price of C$0.10 and a 200-day moving average price of C$0.10. The company has a market capitalization of C$12.08 million, a price-to-earnings ratio of 1.75 and a beta of 1.29.

About Eagle Plains Resources

Eagle Plains Resources Ltd., a junior resource company, acquires, explores for, and develops mineral resource properties in Western Canada. The company explores for gold, critical-metals, uranium, lithium, rare earth elements, and industrial minerals. It controls approximately 50 gold, silver, uranium, copper, molybdenum, lead, zinc, gypsum, and rare earth mineral projects, 10 of which are under option agreements with third parties in British Columbia, Yukon, the Northwest Territories, and Saskatchewan.