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 Stock Performance
The company has a current ratio of 2.21, a quick ratio of 15.34 and a debt-to-equity ratio of 1.12. The company has a 50-day moving average of C$0.04 and a 200-day moving average of C$0.04. The firm has a market capitalization of C$4.13 million, a price-to-earnings ratio of -4.50 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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