GGL Resources Corp. (CVE:GGL – Get Free Report) shot up 23.1% during mid-day trading on Saturday . The stock traded as high as C$0.08 and last traded at C$0.08. 166,000 shares were traded during mid-day 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 Stock Performance
The business has a 50-day moving average price of C$0.05 and a 200-day moving average price of C$0.04. 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 firm has a market capitalization of C$7.35 million, a price-to-earnings 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.
Recommended Stories
- Five stocks we like better than GGL Resources
- How to Invest in Insurance Companies: A Guide
- How to Build the Ultimate Everything ETF Portfolio
- Upcoming IPO Stock Lockup Period, Explained
- Dutch Bros or Starbucks: Which Coffee Stock Has More Growth?
- What Are the FAANG Stocks and Are They Good Investments?
- 3 Stocks With High ROE and Market-Beating Growth Potential
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.
