GGL Resources Corp. (CVE:GGL – Get Free Report)’s stock price shot up 33.3% during mid-day trading on Friday . The company traded as high as C$0.06 and last traded at C$0.06. 149,000 shares were traded during mid-day trading, an increase of 76% from the average session volume of 84,500 shares. The stock had previously closed at C$0.05.
GGL Resources Stock Performance
The stock has a 50-day moving average price of C$0.04 and a 200 day moving average price of C$0.04. The company has a debt-to-equity ratio of 1.12, a current ratio of 2.21 and a quick ratio of 15.34. The company has a market cap of C$5.51 million, a price-to-earnings ratio of -6.00 and a beta of 1.12.
About GGL Resources
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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