Shares of GGL Resources Corp. (CVE:GGL – Get Free Report) traded down 18.2% on Monday . The company traded as low as C$0.05 and last traded at C$0.05. 137,000 shares traded hands during trading, an increase of 108% from the average session volume of 65,813 shares. The stock had previously closed at C$0.06.
GGL Resources Trading Down 18.2 %
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 company’s 50 day moving average price is C$0.04 and its two-hundred day moving average price is C$0.04. The firm has a market cap of C$4.13 million, a PE ratio of -4.50 and a beta of 1.12.
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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