Eagle Plains Resources (CVE:EPL) Shares Up 16% – Here’s Why

Shares of Eagle Plains Resources Ltd. (CVE:EPLGet Free Report) shot up 16% during trading on Wednesday . The company traded as high as C$0.15 and last traded at C$0.15. 219,500 shares were traded during trading, an increase of 166% from the average session volume of 82,462 shares. The stock had previously closed at C$0.13.

Eagle Plains Resources Trading Up 12.0 %

The firm has a market cap of C$16.11 million, a PE ratio of 2.33 and a beta of 1.29. The business has a fifty day moving average price of C$0.10 and a 200 day moving average price of C$0.10. The company has a current ratio of 7.33, a quick ratio of 5.73 and a debt-to-equity ratio of 0.01.

About Eagle Plains Resources

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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.

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