Eagle Plains Resources (CVE:EPL) Trading 22.2% Higher – Still a Buy?

Eagle Plains Resources Ltd. (CVE:EPL)’s share price shot up 22.2% during trading on Wednesday . The company traded as high as C$0.17 and last traded at C$0.17. 128,712 shares traded hands during trading, an increase of 38% from the average session volume of 93,322 shares. The stock had previously closed at C$0.14.

Eagle Plains Resources Price Performance

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 company has a fifty day moving average price of C$0.11 and a two-hundred day moving average price of C$0.10. The company has a market cap of C$15.53 million, a P/E ratio of 2.25 and a beta of 1.29.

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.