GGLXF
Price:
$0.0374
Market Cap:
$5.39M
GGL Resources Corp., an exploration stage company, engages in the acquisition, exploration, and evaluation of mineral properties in Canada and the United States. It explores for gold, copper, silver, zinc, nickel, and volcanogenic massive sulphide deposits, as well as diamonds. The company was formerly known as GGL Diamond Corp. and changed its name to GGL Resources Corp. in August 2009. GGL Resources Corp. was incorporated in 1981 and is headquartered in Vancouver, Canada.
Industry
Other Precious Metals
IPO Date
1996-11-06
Stock Exchange
OTC
Ticker
GGLXF
According to GGL Resources Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 3.58. This represents a change of 31.76% compared to the average of 2.72 of the last 4 quarters.
The mean historical Current Ratio of GGL Resources Corp. over the last ten years is 3.91. The current 3.58 Current Ratio has changed 9.07% with respect to the historical average. Over the past ten years (40 quarters), GGLXF's Current Ratio was at its highest in in the August 2021 quarter at 24.31. The Current Ratio was at its lowest in in the May 2016 quarter at 0.06.
Average
3.91
Median
3.00
Minimum
0.16
Maximum
12.79
Discovering the peaks and valleys of GGL Resources Corp. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 3.17%
Maximum Annual Current Ratio = 12.79
Minimum Annual Increase = -63.34%
Minimum Annual Current Ratio = 0.16
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.73 | -39.72% |
| 2023 | 2.87 | 39.84% |
| 2022 | 2.05 | -60.00% |
| 2021 | 5.13 | -59.94% |
| 2020 | 12.79 | 308.60% |
| 2019 | 3.13 | -18.10% |
| 2018 | 3.82 | -46.82% |
| 2017 | 7.19 | 3.17% |
| 2016 | 0.22 | 37.62% |
| 2015 | 0.16 | -63.34% |
The current Current Ratio of GGL Resources Corp. (GGLXF) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
2.21
5-year avg
4.91
10-year avg
3.91
GGL Resources Corp.’s Current Ratio is greater than Origen Resources Inc. (0.86), less than Leocor Gold Inc. (16.81), greater than First Andes Silver Ltd. (1.05), greater than North Bay Resources Inc. (0.12), greater than Black Dragon Gold Corp. (0.81), greater than Silver Wolf Exploration Ltd. (0.29), greater than Mountain Province Diamonds Inc. (1.03), greater than Golden Minerals Company (0.47), greater than Hawkeye Gold & Diamond Inc. (0.01), greater than Magellan Gold Corporation (0.00),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.86 | $4.59M | |
| 16.81 | $3.29M | |
| 1.05 | $5.26M | |
| 0.12 | $3.94M | |
| 0.81 | $5.54M | |
| 0.29 | $5.47M | |
| 1.03 | $8.82M | |
| 0.47 | $5.27M | |
| 0.01 | $437.68K | |
| 0.00 | $5.07M |
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