GGL Resources (CVE:GGL) Trading Up 33.3% – What’s Next?

GGL Resources Corp. (CVE:GGLGet Free Report) was up 33.3% during trading on Friday . The stock traded as high as C$0.06 and last traded at C$0.06. Approximately 149,000 shares changed hands during trading, an increase of 76% from the average daily volume of 84,500 shares. The stock had previously closed at C$0.05.

GGL Resources Stock Up 33.3 %

The company has a current ratio of 2.21, a quick ratio of 15.34 and a debt-to-equity ratio of 1.12. The company has a market cap of C$5.51 million, a price-to-earnings ratio of -6.00 and a beta of 1.12. The firm’s fifty day simple moving average is C$0.04 and its 200 day simple moving average is C$0.04.

About GGL Resources

(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.

Read More

Receive News & Ratings for GGL Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GGL Resources and related companies with MarketBeat.com's FREE daily email newsletter.