Eagle Plains Resources (CVE:EPL) Stock Price Up 12% – What’s Next?

Shares of Eagle Plains Resources Ltd. (CVE:EPL) shot up 12% during mid-day trading on Wednesday . The company traded as high as C$0.15 and last traded at C$0.14. 293,450 shares were traded during trading, an increase of 218% from the average session volume of 92,145 shares. The stock had previously closed at C$0.13.

Eagle Plains Resources Stock 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 firm has a market cap of C$14.96 million, a P/E ratio of 2.17 and a beta of 1.29. The company’s 50 day moving average is C$0.10 and its 200 day moving average is C$0.10.

Eagle Plains Resources Company Profile

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.