Shares of GGL Resources Corp. (CVE:GGL – Get Free Report) rose 23.1% during trading on Saturday . The stock traded as high as C$0.08 and last traded at C$0.08. Approximately 166,000 shares changed hands 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 Stock Performance
The business’s fifty day moving average price is C$0.05 and its two-hundred day moving average price is C$0.04. The company has a debt-to-equity ratio of 1.12, a quick ratio of 15.34 and a current ratio of 2.21. The stock has a market capitalization of C$7.35 million, a P/E ratio of -8.00 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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