Grande Portage Resources (CVE:GPG) Trading Down 6.5% – Time to Sell?

Shares of Grande Portage Resources Ltd. (CVE:GPG – Get Your Free Report ) were down 6.5% during mid-day trading on Wednesday. The stock traded as low as $0.22 and last traded at $0.22. About 3,720 shares traded hands during mid-day trading, down 95% from the average daily volume of 78,680 shares. The stock had previously closed at $0.23.

Grande Portage Resource Price Performance

The firm has a market cap of $25.76 million, a PE ratio of -21.50 and a beta of 1.10. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.38, and a quick ratio of 14.73. The firm has a 50-day simple moving average of $0.21 and a 200-day simple moving average of $0.20.

About Grande Portage Resources

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Grande Portage Resources Ltd., an exploration company, explores and develops natural resource properties in the United States. It primarily explores gold deposits. The Company owns a 100% interest in the Herbert Gold Property, which comprises 91 unpatented mining claims and is located 25 km north of Juneau, Alaska.

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