Grande Portage Resources (CVE:GPG) Trading Down 13% – Time to Sell?

Grande Portage Resources Ltd. (CVE:GPGGet Free Report) dropped 13% on Tuesday . The stock traded as low as C$0.19 and last traded at C$0.20. Approximately 472,500 shares were traded during mid-day trading, an increase of 292% from the average daily volume of 120,423 shares. The stock had previously closed at C$0.23.

Grande Portage Resources Price Performance

The stock’s 50 day simple moving average is C$0.19 and its 200-day simple moving average is C$0.20. The company has a market capitalization of C$21.96 million, a PE ratio of -21.20 and a beta of 1.10. The company has a debt-to-equity ratio of 0.90, a current ratio of 0.51 and a quick ratio of 14.73.

About Grande Portage Resources

(Get Free Report)

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.

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