Eagle Plains Resources (CVE:EPL) Trading Up 10.5% – Here’s What Happened

Eagle Plains Resources Ltd. (CVE:EPL) shares shot up 10.5% during trading on Wednesday . The stock traded as high as C$0.11 and last traded at C$0.11. 156,200 shares traded hands during mid-day trading, an increase of 90% from the average session volume of 82,294 shares. The stock had previously closed at C$0.10.

Eagle Plains Resources Stock Down 4.8 %

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 50 day simple moving average of C$0.10 and a two-hundred day simple moving average of C$0.10. The stock has a market cap of C$11.51 million, a P/E ratio of 1.67 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.