GGL Resources (CVE:GGL) Stock Price Up 33.3% – Should You Buy?

GGL Resources Corp. (CVE:GGLGet Free Report)’s share price traded up 33.3% during trading on Saturday . The stock traded as high as C$0.06 and last traded at C$0.06. 149,000 shares traded hands during trading, an increase of 76% from the average session volume of 84,500 shares. The stock had previously closed at C$0.05.

GGL Resources Price Performance

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 stock’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 capitalization of C$5.51 million, a price-to-earnings ratio of -6.00 and a beta of 1.12.

About GGL Resources

(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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