Shares of GGL Resources Corp. (CVE:GGL – Get Free Report) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as C$0.08 and last traded at C$0.08, with a volume of 3000 shares traded. The stock had previously closed at C$0.07.
GGL Resources Price Performance
The company has a 50 day simple moving average of C$0.05 and a 200-day simple moving average of C$0.04. The stock has a market cap of C$7.35 million, a price-to-earnings 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.
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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