GGL Resources Corp. (CVE:GGL – Get Free Report)’s stock price rose 22.2% on Thursday . The company traded as high as C$0.06 and last traded at C$0.06. Approximately 129,500 shares changed hands during mid-day trading, an increase of 78% from the average daily volume of 72,889 shares. The stock had previously closed at C$0.05.
GGL Resources Stock Performance
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 stock’s 50 day simple moving average is C$0.04 and its two-hundred day simple moving average is C$0.04. The company has a market capitalization of C$5.05 million, a P/E ratio of -5.50 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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