Grande Portage Resources (CVE:GPG) Hits New 52-Week High – Should You Buy?

Grande Portage Resources Ltd. (CVE:GPGGet Free Report)’s stock price hit a new 52-week high on Friday . The company traded as high as C$0.40 and last traded at C$0.40, with a volume of 155501 shares. The stock had previously closed at C$0.38.

Grande Portage Resources Price Performance

The firm has a market cap of C$59.95 million, a PE ratio of -39.50 and a beta of -0.39. 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 business’s fifty day moving average is C$0.28 and its 200-day moving average is C$0.23.

About Grande Portage Resources

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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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