Grande Portage Resources (CVE:GPG) Sets New 1-Year High – Still a Buy?

by · The Markets Daily

Grande Portage Resources Ltd. (CVE:GPG – Get Free Report)’s stock price reached a new 52-week high during trading on Thursday . The company traded as high as C$0.50 and last traded at C$0.48, with a volume of 951532 shares trading hands. The stock had previously closed at C$0.47.

Grande Portage Resources Stock Performance

The firm’s fifty day simple moving average is C$0.38 and its 200 day simple moving average is C$0.28. The company has a market capitalization of C$65.65 million, a PE ratio of -42.00 and a beta of 0.11. The company has a debt-to-equity ratio of 0.90, a current ratio of 0.51 and a quick ratio of 14.73.

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. Grande Portage Resources Ltd. was incorporated in 1984 and is headquartered in Vancouver, Canada.

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