GGL Resources Corp. (CVE:GGL – Get Free Report) was up 23.1% during trading on Friday . The company traded as high as C$0.08 and last traded at C$0.08. Approximately 166,000 shares traded hands during trading, an increase of 135% from the average daily volume of 70,697 shares. The stock had previously closed at C$0.07.
GGL Resources Trading Up 23.1 %
The company’s 50 day simple moving average is C$0.05 and its two-hundred day simple moving average is C$0.04. The company has a market capitalization of C$7.35 million, a price-to-earnings ratio of -8.00 and a beta of 1.12. The company has a quick ratio of 15.34, a current ratio of 2.21 and a debt-to-equity ratio 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.
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