GGL Resources Corp.

GGL Resources Corp.verified

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

The Current Ratio as of December 2025 (TTM) for GGL Resources Corp. (GGLXF) is 3.58

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.

GGL Resources Corp. (GGLXF) Historical Current Ratio (quarterly & annually)

How has GGLXF Current Ratio performed in the past?

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.

Quarterly (TTM)
Annual

Average

3.91

Median

3.00

Minimum

0.16

Maximum

12.79

GGL Resources Corp. (GGLXF) Current Ratio by Quarter and Year

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

Quarterly (TTM)
Annual
YearCurrent RatioChange
20241.73-39.72%
20232.8739.84%
20222.05-60.00%
20215.13-59.94%
202012.79308.60%
20193.13-18.10%
20183.82-46.82%
20177.193.17%
20160.2237.62%
20150.16-63.34%

GGL Resources Corp. (GGLXF) Average Current Ratio

How has GGLXF Current Ratio performed in the past?

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. (GGLXF) Current Ratio vs. Peers

How is GGLXF’s Current Ratio compared to its peers?

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),

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