GGL Resources Corp. (CVE:GGL – Get Free Report) shares were down 18.2% on Monday . The company traded as low as C$0.05 and last traded at C$0.05. Approximately 137,000 shares were traded during mid-day trading, an increase of 159% from the average daily volume of 52,813 shares. The stock had previously closed at C$0.06.
GGL Resources Price Performance
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 stock’s 50-day moving average is C$0.04 and its 200 day moving average is C$0.04. The stock has a market capitalization of C$4.13 million, a PE ratio of -4.50 and a beta 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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