Grande Portage Resources (CVE:GPG) Shares Up 4.5% – Time to Buy?

Grande Portage Resources Ltd. (CVE:GPGGet Free Report) shares shot up 4.5% on Friday . The company traded as high as C$0.35 and last traded at C$0.35. 65,700 shares traded hands during mid-day trading, a decline of 75% from the average session volume of 258,015 shares. The stock had previously closed at C$0.33.

Grande Portage Resources Stock Up 4.5%

The company has a debt-to-equity ratio of 0.18, a current ratio of 44.14 and a quick ratio of 14.73. The business’s fifty day simple moving average is C$0.38 and its two-hundred day simple moving average is C$0.39. The company has a market cap of C$61.95 million, a PE ratio of -34.50 and a beta of 1.13.

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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