Shares of GGL Resources Corp. (CVE:GGL – Get Free Report) were up 23.1% during trading on Friday . The company traded as high as C$0.08 and last traded at C$0.08. Approximately 166,000 shares were traded during mid-day trading, an increase of 135% from the average daily volume of 70,697 shares. The stock had previously closed at C$0.07.
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 company’s fifty day moving average is C$0.05 and its 200 day moving average is C$0.04. The firm has a market cap of C$7.35 million, a price-to-earnings ratio of -8.00 and a beta 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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