Glen Eagle Resources (CVE:GER) Trading Up 33.3%

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Shares of Glen Eagle Resources Inc. (CVE:GERGet Rating) shot up 33.3% on Tuesday . The stock traded as high as C$0.04 and last traded at C$0.04. 208,000 shares changed hands during mid-day trading, an increase of 7% from the average session volume of 194,435 shares. The stock had previously closed at C$0.03.

The company has a market cap of C$4.86 million and a price-to-earnings ratio of -1.00. The firm has a 50 day moving average price of C$0.05 and a two-hundred day moving average price of C$0.06. The company has a quick ratio of 0.11, a current ratio of 0.22 and a debt-to-equity ratio of 193.07.

Glen Eagle Resources Company Profile (CVE:GER)

Glen Eagle Resources Inc engages in the acquisition, exploration, development, and evaluation of mining properties. The company holds a 100% interest in the Moose Lake phosphate property located in St-Jean Lake area, Quebec; and 80% interest in Piedra Dorada mining concession located in the mining district of El Corpus in Honduras.

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