GGL Resources (CVE:GGL) Hits New 52-Week High – Here’s What Happened

GGL Resources Corp. (CVE:GGLGet Free Report) reached a new 52-week high during trading on Friday . The stock traded as high as C$0.08 and last traded at C$0.08, with a volume of 166000 shares traded. The stock had previously closed at C$0.07.

GGL Resources Price Performance

The stock’s 50-day moving average is C$0.05 and its 200 day moving average is C$0.04. The company has a debt-to-equity ratio of 1.12, a current ratio of 2.21 and a quick ratio of 15.34. The company has a market cap of C$7.35 million, a PE ratio of -8.00 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.

Further Reading

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