GGL Resources Corp. (CVE:GGL – Get Free Report) rose 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 changed hands 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 Stock Performance
The stock has a 50 day moving average of C$0.04 and a 200 day moving average of C$0.04. 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 cap of C$5.05 million, a price-to-earnings ratio of -5.50 and a beta of 1.12.
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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