GGL Resources Corp. (CVE:GGL – Get Free Report) shares fell 18.2% during mid-day trading on Monday . The company traded as low as C$0.05 and last traded at C$0.05. 137,000 shares were traded during mid-day trading, an increase of 108% from the average session volume of 65,813 shares. The stock had previously closed at C$0.06.
GGL Resources Trading Down 18.2 %
The stock’s fifty day simple moving average is C$0.04 and its 200 day simple moving average is C$0.04. 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 firm has a market capitalization of C$4.13 million, a PE ratio of -4.50 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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