GGL Resources (CVE:GGL) Sets New 52-Week Low – What’s Next?

GGL Resources Corp. (CVE:GGL – Get Free Report)’s stock price hit a new 52-week low during mid-day trading on Tuesday. The company traded as low as C$0.14 and last traded at C$0.14, with a volume of 1,250 shares. The stock had previously closed at C$0.22.

GGL Resources Price Performance

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$880,470.00, a P/E ratio of -5.50 and a beta of 1.13. The business’s 50 day moving average is C$0.05 and its 200-day moving average is C$0.05.

GGL Resources Company Profile

(Get Free Report)

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

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