GGL Resources Corp. (CVE:GGL – Get Free Report) shares were down 20% on Wednesday . The stock traded as low as C$0.04 and last traded at C$0.04. Approximately 106,000 shares traded hands 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 Stock Performance
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 capitalization of C$5.22 million, a PE ratio of -5.50 and a beta of 0.02. The business has a fifty day moving average price of C$0.06 and a 200 day moving average price of C$0.06.
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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