GGL Resources (CVE:GGL) Trading Up 42.9% – Here’s Why

GGL Resources Corp. ( CVE:GGL – Get Free Report ) shares shot up 42.9% during mid-day trading on Tuesday .

The stock traded as high as C$0.05 and last traded at C$0.05.



113,500 shares changed hands during mid-day trading, an increase of 329% from the average session volume of 26,464 shares. The stock had previously closed at C$0.04.

GGL Resources Stock Performance The stock has a 50-day moving average price of C$0.04 and a 200 day moving average price of C$0.04.

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 firm has a market capitalization of C$4.59 million, a price-to-earnings ratio of -5.

00 and a beta of 1.12. GGL Resources Company Profile ( 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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