GGL Resources Corp. (CVE:GGL – Get Free Report)’s stock price was down 20% on Wednesday . The company traded as low as C$0.04 and last traded at C$0.04. Approximately 106,000 shares were traded during mid-day trading, an increase of 184% from the average daily volume of 37,314 shares. The stock had previously closed at C$0.05.
GGL Resources Trading Down 20.0%
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 firm has a market capitalization of C$4.17 million, a price-to-earnings ratio of -5.50 and a beta of 0.02. The business’s 50 day moving average price is C$0.06 and its 200-day moving average price is C$0.06.
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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