GGL Resources Corp. (CVE:GGL – Get Free Report) shot up 23.1% during trading on Saturday . The stock traded as high as C$0.08 and last traded at C$0.08. 166,000 shares traded hands during trading, an increase of 135% from the average session volume of 70,697 shares. The stock had previously closed at C$0.07.
GGL Resources Stock Performance
The company has a debt-to-equity ratio of 1.12, a quick ratio of 15.34 and a current ratio of 2.21. The firm’s 50 day simple moving average is C$0.05 and its 200 day simple moving average is C$0.04. The firm has a market capitalization of C$7.35 million, a price-to-earnings ratio of -8.00 and a beta of 1.12.
GGL Resources Company Profile
GGL Resources Corp. engages in the acquisition, exploration, and evaluation of mineral properties in Canada and the United States. It explores for gold, copper, and silver deposits, as well as diamonds. The company holds interests in the McConnell Creek project located in the Omineca Mining Division of British Columbia; the Providence Greenstone Belt located in the northeast of Yellowknife, Slave Craton; and the Nevada Lithium project consists of various lithium sediment bearing mining claims in Nevada.
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