GGL Resources (CVE:GGL) Hits New 1-Year High – Should You Buy?

Shares of GGL Resources Corp. (CVE:GGLGet Free Report) reached a new 52-week high during trading on Friday . The stock traded as high as C$0.08 and last traded at C$0.08, with a volume of 166000 shares. The stock had previously closed at C$0.07.

GGL Resources Stock Up 23.1 %

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 company has a market cap of C$7.35 million, a P/E ratio of -8.00 and a beta of 1.12. The business’s fifty day moving average is C$0.05 and its two-hundred day moving average is C$0.04.

About GGL Resources

(Get Free Report)

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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