GGL Resources Corp. (CVE:GGL – Get Free Report) shares shot up 23.1% during mid-day trading on Saturday . The company traded as high as C$0.08 and last traded at C$0.08. 166,000 shares changed hands during trading, an increase of 135% from the average session volume of 70,697 shares. The stock had previously closed at C$0.07.
GGL Resources Trading Up 23.1 %
The company has a debt-to-equity ratio of 1.12, a current ratio of 2.21 and a quick ratio of 15.34. The company has a market cap of C$7.35 million, a price-to-earnings ratio of -8.00 and a beta of 1.12. The business’s 50-day simple moving average is C$0.05 and its 200-day simple moving average is C$0.04.
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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