GGL Resources Corp. (CVE:GGL – Get Free Report)’s share price was down 20% on Tuesday . The company traded as low as C$0.04 and last traded at C$0.04. Approximately 111,440 shares were traded during trading, an increase of 100% from the average daily volume of 55,647 shares. The stock had previously closed at C$0.05.
GGL Resources Stock Down 20.0%
The company’s 50 day simple moving average is C$0.06 and its 200-day simple moving average is C$0.05. The firm has a market capitalization of C$3.67 million, a PE ratio of -4.00 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.
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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