GGL Resources (CVE:GGL) Trading 33.3% Higher – Here’s What Happened

Shares of GGL Resources Corp. (CVE:GGLGet Free Report) traded up 33.3% during mid-day trading on Saturday . The stock traded as high as C$0.06 and last traded at C$0.06. 149,000 shares changed hands during trading, an increase of 76% from the average session volume of 84,500 shares. The stock had previously closed at C$0.05.

GGL Resources Price Performance

The company has a market cap of C$5.51 million, a PE ratio of -6.00 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. The stock has a 50-day simple moving average of C$0.04 and a 200 day simple moving average of 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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