Shares of GGL Resources Corp. (CVE:GGL – Get Free Report) rose 42.9% on Monday . The stock traded as high as C$0.05 and last traded at C$0.05. Approximately 113,500 shares were traded during mid-day trading, an increase of 329% from the average daily volume of 26,464 shares. The stock had previously closed at C$0.04.
GGL Resources Stock Performance
The firm has a market capitalization of C$4.59 million, a price-to-earnings ratio of -5.00 and a beta of 1.12. 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’s fifty day moving average is C$0.04 and its two-hundred day moving average is C$0.04.
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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