GGL Resources Corp. (CVE:GGL – Get Free Report) was up 33.3% during trading on Wednesday . The company traded as high as C$0.06 and last traded at C$0.06. Approximately 128,500 shares were traded during mid-day trading, an increase of 77% from the average daily volume of 72,778 shares. The stock had previously closed at C$0.05.
GGL Resources Trading Up 22.2 %
The firm has a market capitalization of C$5.05 million, a price-to-earnings ratio of -5.50 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 firm’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.
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