Shares of GGL Resources Corp. (CVE:GGL – Get Free Report) rose 22.2% during mid-day trading on Thursday . The stock traded as high as C$0.06 and last traded at C$0.06. Approximately 129,500 shares were traded 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 firm has a market cap of C$5.05 million, a P/E ratio of -5.50 and a beta of 1.12. The company has a debt-to-equity ratio of 1.12, a quick ratio of 15.34 and a current ratio of 2.21. The stock’s 50-day moving average is C$0.04 and its 200 day moving average is C$0.04.
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.
Further Reading
- Five stocks we like better than GGL Resources
- How to Calculate Inflation Rate
- Digital Turbine Roars Back—What’s Driving the Ad Tech Surge?
- Energy and Oil Stocks Explained
- 6 Stocks Poised to Benefit From a Trade War in Unexpected Ways
- Russell 2000 Index, How Investors Use it For Profitable Trading
- 3 Reasons Micron Stock Is Deeply Undervalued Right Now
Receive News & Ratings for GGL Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GGL Resources and related companies with MarketBeat.com's FREE daily email newsletter.
