Shares of GGL Resources Corp. (CVE:GGL – Get Free Report) shot up 42.9% on Monday . The stock traded as high as C$0.05 and last traded at C$0.05. 113,500 shares traded hands during mid-day trading, an increase of 329% from the average session volume of 26,464 shares. The stock had previously closed at C$0.04.
GGL Resources Stock Performance
The business has a fifty day moving average price of C$0.04 and a 200-day moving average price of C$0.04. The stock has a market capitalization of C$4.59 million, a P/E ratio of -5.00 and a beta of 1.12. The company has a quick ratio of 15.34, a current ratio of 2.21 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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