Eagle Plains Resources (CVE:EPL) Trading Up 15.8% – Still a Buy?

Eagle Plains Resources Ltd. (CVE:EPL – Get Free Report)’s share price was up 15.8% during mid-day trading on Friday . The stock traded as high as C$0.23 and last traded at C$0.22. Approximately 746,100 shares were traded during trading, an increase of 482% from the average daily volume of 128,299 shares. The stock had previously closed at C$0.19.

Eagle Plains Resources Stock Performance

The stock has a market capitalization of C$25.92 million, a price-to-earnings ratio of 22.50 and a beta of 1.68. The company’s fifty day simple moving average is C$0.15 and its 200 day simple moving average is C$0.15. The company has a quick ratio of 5.73, a current ratio of 7.33 and a debt-to-equity ratio of 0.01.

About Eagle Plains Resources

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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.

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