GGL Resources Corp. (CVE:GGL – Get Free Report)’s share price traded down 20% on Tuesday . The stock traded as low as C$0.04 and last traded at C$0.04. 111,440 shares traded hands during trading, an increase of 100% from the average session volume of 55,647 shares. The stock had previously closed at C$0.05.
GGL Resources Stock Down 20.0%
The company has a market capitalization of C$3.67 million, a price-to-earnings ratio of -4.00 and a beta of 1.12. The firm’s 50 day moving average price is C$0.06 and its two-hundred day moving average price is C$0.05. The company has a current ratio of 2.21, a quick ratio of 15.34 and a debt-to-equity ratio of 1.12.
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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