GGL Resources (CVE:GGL) Shares Down 10.5%

Shares of GGL Resources Corp (CVE:GGL) fell 10.5% during trading on Wednesday . The stock traded as low as C$0.09 and last traded at C$0.09, 2,000 shares traded hands during mid-day trading. A decline of 78% from the average session volume of 9,129 shares. The stock had previously closed at C$0.10.

The company has a market capitalization of $2.54 million and a P/E ratio of -4.25. The company’s 50-day simple moving average is C$0.09 and its 200 day simple moving average is C$0.08.

GGL Resources Company Profile (CVE:GGL)

GGL Resources Corp., an exploration stage company, engages in the exploration and development of mineral properties in Canada. It owns claims prospective for gold, copper, nickel, volcanogenic massive sulphide deposits, and diamonds in the Northwest Territories and British Columbia, Canada. The company was formerly known as GGL Diamond Corp.

See Also: Earnings Per Share (EPS) Explained

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.