Eagle Plains Resources (CVE:EPL) Trading Up 23.7% – Still a Buy?

Eagle Plains Resources Ltd. (CVE:EPL)’s stock price was up 23.7% during trading on Wednesday . The stock traded as high as C$0.24 and last traded at C$0.24. Approximately 259,475 shares traded hands during mid-day trading, an increase of 53% from the average daily volume of 169,907 shares. The stock had previously closed at C$0.19.

Eagle Plains Resources Trading Up 23.7%

The stock has a market cap of C$27.07 million, a P/E ratio of 23.50 and a beta of 1.53. The firm’s fifty day moving average price is C$0.20 and its two-hundred day moving average price is C$0.17. The company has a debt-to-equity ratio of 0.01, a current ratio of 7.33 and a quick ratio of 5.73.

About Eagle Plains Resources

Eagle Plains Resources Ltd., a junior resource company, acquires, explores for, and develops mineral resource properties in Western Canada. The company explores for gold, critical-metals, uranium, lithium, rare earth elements, and industrial minerals. It controls approximately 50 gold, silver, uranium, copper, molybdenum, lead, zinc, gypsum, and rare earth mineral projects, 10 of which are under option agreements with third parties in British Columbia, Yukon, the Northwest Territories, and Saskatchewan.