GGL Resources (CVE:GGL) Reaches New 1-Year High – Here’s Why

GGL Resources Corp. (CVE:GGLGet Free Report) shares hit a new 52-week high on Thursday . The stock traded as high as C$0.08 and last traded at C$0.08, with a volume of 3000 shares trading hands. The stock had previously closed at C$0.07.

GGL Resources Stock Performance

The stock has a market cap of C$7.35 million, a P/E ratio of -8.00 and a beta of 1.12. The firm’s 50-day moving average is C$0.05 and its two-hundred day moving average is 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.

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.

Further Reading

Receive News & Ratings for GGL Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GGL Resources and related companies with MarketBeat.com's FREE daily email newsletter.