Shares of GGL Resources Corp. (CVE:GGL – Get Free Report) shot up 33.3% on Friday . The stock traded as high as C$0.06 and last traded at C$0.06. 149,000 shares traded hands 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 firm has a market cap of C$5.51 million, a P/E ratio of -6.00 and a beta of 1.12. The company has a quick ratio of 15.34, a current ratio of 2.21 and a debt-to-equity ratio of 1.12. The business has a fifty day simple moving average of C$0.04 and a 200-day simple moving average of C$0.04.
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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