Glen Eagle Resources Inc (CVE:GER) shares hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as C$0.08 and last traded at C$0.08, with a volume of 64000 shares. The stock had previously closed at C$0.10.
The company has a debt-to-equity ratio of 9.68, a quick ratio of 0.26 and a current ratio of 0.50. The firm has a market capitalization of $7.46 million and a PE ratio of -9.50.
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Glen Eagle Resources Inc engages in the acquisition, exploration, evaluation, and development of mining properties in Canada and Central America. The company holds a 100% interest in the Moose Lake phosphate property with 141 claims located in St-Jean Lake area, Quebec; and the La Cobra property with one claim covering approximately 775 hectares located in the Valle Department, Honduras.
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