GGL Resources (CVE:GGL) Stock Price Up 23.1% – Time to Buy?

GGL Resources Corp. (CVE:GGLGet Free Report) was up 23.1% on Saturday . The company traded as high as C$0.08 and last traded at C$0.08. Approximately 166,000 shares were traded during trading, an increase of 135% from the average daily volume of 70,697 shares. The stock had previously closed at C$0.07.

GGL Resources Trading Up 23.1 %

The company has a market capitalization of C$7.35 million, a PE ratio of -8.00 and a beta of 1.12. The company has a current ratio of 2.21, a quick ratio of 15.34 and a debt-to-equity ratio of 1.12. The stock has a fifty day moving average of C$0.05 and a two-hundred day moving average of C$0.04.

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.

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