Golden Reign Resources (GRR) Trading Up 13.9%

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Golden Reign Resources Ltd. (CVE:GRR) shares were up 13.9% during trading on Monday . The stock traded as high as C$0.21 and last traded at C$0.21. Approximately 668,500 shares were traded during mid-day trading, an increase of 421% from the average daily volume of 128,354 shares. The stock had previously closed at C$0.18.

The company has a quick ratio of 0.68, a current ratio of 0.69 and a debt-to-equity ratio of 10.31.

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About Golden Reign Resources (CVE:GRR)

Golden Reign Resources Ltd. acquires and explores for mineral properties. The company primarily explores for gold and silver. Its primary exploration and evaluation asset is the San Albino-Murra mining concession located in Nueva Segovia, Nicaragua. The company was incorporated in 2004 and is based in Vancouver, Canada.

See Also: Cash Flow

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