Grande Portage Resources (CVE:GPG) Trading Up 14.7% – Still a Buy?

Grande Portage Resources Ltd. (CVE:GPGGet Free Report)’s share price was up 14.7% during mid-day trading on Friday . The company traded as high as C$0.40 and last traded at C$0.39. Approximately 105,210 shares traded hands during mid-day trading, a decline of 67% from the average daily volume of 321,103 shares. The stock had previously closed at C$0.34.

Grande Portage Resources Stock Performance

The company has a quick ratio of 14.73, a current ratio of 16.63 and a debt-to-equity ratio of 0.32. The stock has a market cap of C$65.47 million, a price-to-earnings ratio of -36.50 and a beta of 0.79. The company has a 50 day simple moving average of C$0.44 and a 200 day simple moving average of C$0.35.

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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