Eagle Plains Resources (CVE:EPL) Stock Price Crosses Above 50 Day Moving Average – Here’s Why

Eagle Plains Resources Ltd. (CVE:EPL)’s stock price crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$0.18 and traded as high as C$0.22. Eagle Plains Resources shares last traded at C$0.22, with a volume of 49,855 shares trading hands.

Eagle Plains Resources Stock Up 7.5%

The company’s 50 day simple moving average is C$0.18 and its 200-day simple moving average is C$0.16. The company has a debt-to-equity ratio of 0.01, a quick ratio of 5.73 and a current ratio of 7.33. The firm has a market capitalization of C$24.77 million, a PE ratio of 21.50 and a beta of 1.48.

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.