Grande Portage Resources (CVE:GPG) Stock Jumps 1.9% – Here’s Why

Shares of Grande Portage Resources Ltd. (CVE:GPG – Get Free Report) rose 1.9% during trading on Friday. The stock traded as high as C$0.28 and last traded at C$0.28. 12,011 shares were traded during mid-day trading, a decline of 93% from the average session volume of 178,201 shares. The stock had previously closed at C$0.27.

Grande Portage Resources Stock Up 1.9%

The business has a 50-day simple moving average of C$0.34 and a two-hundred day simple moving average of C$0.34. The stock has a market capitalization of C$56.21 million, a P/E ratio of -27.50 and a beta of 0.83. The company has a quick ratio of 14.73, a current ratio of 7.62 and a debt-to-equity ratio of 0.05.

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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