Grande Portage Resources (CVE:GPG) Reaches New 52-Week High – Time to Buy?

by · The Markets Daily

Shares of Grande Portage Resources Ltd. (CVE:GPG – Get Free Report) hit a new 52-week high during mid-day trading on Friday . The stock traded as high as C$0.35 and last traded at C$0.34, with a volume of 403445 shares traded. The stock had previously closed at C$0.32.

Grande Portage Resources Price Performance

The company has a debt-to-equity ratio of 0.90, a current ratio of 0.51 and a quick ratio of 14.73. The company’s 50-day moving average price is C$0.26 and its 200-day moving average price is C$0.22. The company has a market cap of C$50.85 million, a P/E ratio of -33.50 and a beta of -0.39.

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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