GGL Resources Corp., a junior exploration company, engages in the acquisition, exploration, and evaluation of mineral properties in Canada and the United States. The company primarily explores for gold, copper, and silver deposits. Its flagship project is the Gold Point project located in Walker Lane, Nevada. The Company owns the McConnell Project, which hosts mesothermal gold veins and an under explored porphyry copper-gold prospect in the Kemess District of north-central British Columbia. It has the right to acquire up to 100% interest in the Hopper, Kluane, Batt, and Moraine mineral properties in southwest Yukon Territory. The company was formerly known as GGL Diamond Corp. and changed its name to GGL Resources Corp. in September 2009. The company was incorporated in 1981 and is headquartered in Vancouver, Canada.
Research context
GGL Resources Corp appears in PyInvesting’s TSX Venture Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- CAD
- Sector
- Basic Materials
- Industry
- Other Precious Metals & Mining
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5 years, 6 months ago
GGL Resources Corp is currently in a long term downtrend where the price is trading 27.4% below its 200 day moving average.
From a valuation standpoint, the stock is 100.0% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 0.0.
GGL Resources Corp's total revenue sank by nan% to $0 since the same quarter in the previous year.
Its net income has increased by 89.4% to $-55K since the same quarter in the previous year.
Finally, its free cash flow fell by 63.7% to $-111K since the same quarter in the previous year.
Based on the above factors, GGL Resources Corp gets an overall score of 2/5.