Group Eleven Resources (CVE:ZNG) Trading Up 40%

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Group Eleven Resources Corp (CVE:ZNG)’s share price was up 40% during mid-day trading on Tuesday . The company traded as high as C$0.07 and last traded at C$0.07, approximately 130,000 shares changed hands during trading. An increase of 116% from the average daily volume of 60,068 shares. The stock had previously closed at C$0.05.

The stock has a market capitalization of $3.19 million and a P/E ratio of -1.07. The business has a fifty day simple moving average of C$0.05 and a 200-day simple moving average of C$0.07.

About Group Eleven Resources (CVE:ZNG)

Group Eleven Resources Corp. engages in the exploration of mineral properties in Ireland. It primarily explores for zinc, lead, and silver deposits. The company's principal projects include Ballinalack project comprising 11 contiguous prospecting licenses (PLs) covering an area of 312 square kilometers located in Westmeath and Longford counties, north-east Ireland; and Stonepark project, including 6 PLs covering an area of 183.5 square kilometers situated in County Limerick, Ireland.

Further Reading: Consumer Price Index (CPI)

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