Group Eleven Resources shares surged 25.7% on strong volume and volatility, with no clear reason given.

Group Eleven Resources (CVE:ZNG) shares jumped 25.7% to close at C$0.88 on Monday, with trading volume up 46% above average. The stock reached a high of C$0.94 amid strong liquidity and elevated volatility, with a beta of 2.88. The company, focused on mineral exploration in Ireland, holds interests in the Silvermines, PG West, Ballinalack, and Stonepark projects, targeting zinc, lead, and silver. Financial metrics include a market cap of C$230 million, a debt-to-equity ratio of 0.43, and current and quick ratios of 6.66 and 2.73, respectively. The surge occurred without a specified catalyst, though reduced short interest may have played a role.