Group Ten Metals (CVE:PGE) Trading Up 10.3%

Group Ten Metals Inc (CVE:PGE) shares were up 10.3% during mid-day trading on Monday . The company traded as high as C$0.17 and last traded at C$0.16, approximately 134,000 shares changed hands during mid-day trading. A decline of 19% from the average daily volume of 164,872 shares. The stock had previously closed at C$0.15.

The firm has a market capitalization of $11.35 million and a price-to-earnings ratio of -3.84. The business has a 50 day simple moving average of C$0.16 and a 200-day simple moving average of C$0.15. The company has a debt-to-equity ratio of 62.58, a quick ratio of 0.32 and a current ratio of 0.46.

About Group Ten Metals (CVE:PGE)

Group Ten Metals Inc, an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in Canada and the United States. It explores for gold, platinum group metals, gold, nickel, copper, and cobalt. The company holds interest in Yukon properties, Canada, which covers catalyst/CKR, spy, ultra claims, ellen, and outpost, and pacer claims; the Duke Island property, which comprises 31 unpatented claims located south of Ketchikan in the Alexander Platinum Belt of southeast Alaska; and the Black Lake-Drayton project in Ontario, which covers approximately 11,478 contiguous hectares.

Further Reading: Momentum Indicator: Relative Strength Index

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