GGL Resources (OTCPK:GGLX.F) - Stock Price, News & Analysis

GGLX.F Stock Overview

Engages in the acquisition, exploration, and evaluation of mineral properties in Canada and the United States. More details

GGLX.F fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	0/6
Financial Health	4/6
Dividends	0/6

Risk Analysis

Makes less than USD$1m in revenue (CA$0)

Does not have a meaningful market cap ($4M)

Earnings have declined by 12.5% per year over past 5 years

Has less than 1 year of cash runway

+ 2 more risks

GGL Resources Corp. Competitors

Clifton Mining

OTCPK:CFTN

US$2.9m

Silver Bull Resources

OTCPK:SVBL

US$4.3m

Snow Lake Resources

NasdaqCM:LITM

US$4.3m

Lithium

OTCPK:LTUM

US$4.6m

Price History & Performance

Summary of all time highs, changes and price drops for GGL Resources
Historical stock prices
Current Share Price	CA$0.012
52 Week High	CA$0.06
52 Week Low	CA$0.012
Beta	1.13
11 Month Change	2.52%
3 Month Change	-28.24%
1 Year Change	n/a
33 Year Change	-88.16%
5 Year Change	-81.23%
Change since IPO	-98.48%

Recent updates

Shareholder Returns

	GGLX.F	US Metals and Mining	US Market
7D	2.5%	2.1%	2.2%
1Y	n/a	23.0%	32.6%

Return vs Industry: Insufficient data to determine how GGLX.F performed against the US Metals and Mining industry.

Return vs Market: Insufficient data to determine how GGLX.F performed against the US Market.

Price Volatility

Is GGLX.F's price volatile compared to industry and market?
GGLX.F volatility
GGLX.F Average Weekly Movement	n/a
Metals and Mining Industry Average Movement	8.2%
Market Average Movement	6.3%
10% most volatile stocks in US Market	15.8%
10% least volatile stocks in US Market	3.1%

Stable Share Price: GGLX.F's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: Insufficient data to determine GGLX.F's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1981	n/a	Doug Eaton	www.gglresourcescorp.com

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.

GGL Resources Corp. Fundamentals Summary

How do GGL Resources's earnings and revenue compare to its market cap?
GGLX.F fundamental statistics
Market cap	US$2.63m
Earnings (TTM)	-US$226.58k
Revenue (TTM)	n/a

0.0x

P/S Ratio

-11.6x

P/E Ratio

Is GGLX.F overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GGLX.F income statement (TTM)
Revenue	CA$0
Cost of Revenue	CA$6.24k
Gross Profit	-CA$6.24k
Other Expenses	CA$310.55k
Earnings	-CA$316.79k

Last Reported Earnings

Aug 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.0034
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0%

How did GGLX.F perform over the long term?

See historical performance and comparison

GGLX.F Stock Overview

Risk Analysis

GGL Resources Corp. Competitors

OTCPK:CFTN

US$2.9m

OTCPK:SVBL

US$4.3m

NasdaqCM:LITM

US$4.3m

OTCPK:LTUM

US$4.6m

Price History & Performance

Recent News & Updates

GGL Resources Corp. announced that it has received CAD 0.3 million in funding

GGL Resources Corp. announced that it expects to receive CAD 0.3 million in funding

GGL Resources Corp. announced that it has received CAD 0.3 million in funding from Dave Kelsch Consulting Ltd., Strategic Metals Ltd., ECEE Money Limited

Ggl Resources Corp. Announces the Results of an Induced Polarization/Resistivity Survey At the Road-Accessed Le Champ Copper- Molybdenum-Gold Porphyry Target, on Its 100% Owned West Gold Point Project in the Walker Lane Trend of Western Nevada

GGL Resources Corp., Annual General Meeting, May 17, 2024

GGL Resources Corp. announced that it expects to receive CAD 0.3 million in funding

Recent updates

GGL Resources Corp. announced that it has received CAD 0.3 million in funding

GGL Resources Corp. announced that it expects to receive CAD 0.3 million in funding

GGL Resources Corp. announced that it has received CAD 0.3 million in funding from Dave Kelsch Consulting Ltd., Strategic Metals Ltd., ECEE Money Limited

Ggl Resources Corp. Announces the Results of an Induced Polarization/Resistivity Survey At the Road-Accessed Le Champ Copper- Molybdenum-Gold Porphyry Target, on Its 100% Owned West Gold Point Project in the Walker Lane Trend of Western Nevada

GGL Resources Corp., Annual General Meeting, May 17, 2024

GGL Resources Corp. announced that it expects to receive CAD 0.3 million in funding

Ggl Resources Corp. Announces Results from the Fall 2023 Exploration Program and Expansion of Its Gold Point Project, Nevada

GGL Resources Corp., Annual General Meeting, Dec 28, 2023

GGL Resources Corp. announced that it has received CAD 0.9 million in funding from Strategic Metals Ltd. and other investors

GGL Resources Corp. announced that it expects to receive CAD 0.9 million in funding

WestKam Gold Corp. (TSXV:WKG) signed a definitive agreement to acquire McConnell Property In northwestern British Columbia from GGL Resources Corp. (TSXV:GGL).

WestKam Gold Corp. (TSXV:WKG) signed a definitive agreement to acquire McConnell Property In northwestern British Columbia from GGL Resources Corp. (TSXV:GGL).

GGL Resources Corp Discovers a Copper-Molybdenum-Gold Porphyry at its Gold Point Project, Nevada

GGL Resources Corp. Samples 970 G/T Silver over 1.52 M from the Orleans Mine At Its Gold Point Project, Nevada

GGL Resources Corp. Announces High-Grade Gold Results from the Fall 2022 Underground Exploration and Surface Drilling Program At Gold Point Project in the Walker Lane Trend of Western Nevada

GGL Resources Corp. Completes Underground Exploration and Surface Drilling at its Gold Point Project, Nevada

GGL Resources Corp. Commences Underground Exploration and Surface Drilling At Its Gold Point Project, Nevada

GGL Resources Corp., Annual General Meeting, Dec 07, 2022

GGL Resources Corp. Commences Exploration on Its McConnell Cu-Au Project, North-Central BC

GGL Resources Corp. Ready to Start the 2022 Drill Program At Its Gold Point Project, Nevada

GGL Resources Corp. announced that it has received CAD 2.19074 million in funding from ECEE Money Limited, Strategic Metals Ltd., and other investors

GGL Resources Corp. announced that it expects to receive CAD 2.04 million in funding

Ggl Resources Corp. Completes First Component of the 2022 Exploration Program At Its Gold Point Project, Nevada

GGL Resources Corp. Announces Chief Financial Officer Changes

GGL Resources Corp. Announces Chief Financial Officer Changes

GGL Resources Corp. (TSXV:GGL) acquired 100% interest in patented claims for $85 million.

GGL Resources Corp. Commences Drilling At Gold Point, Nevada

GGL Resources Corp. Announces Initial Sampling Results from Gold Point, Nevada

GGL Resources Corp. Continues Field Work and Initiates Drill Permitting At Gold Point Project, Nevada

GGL Resources Corp. (TSXV:GGL) acquired Gold Point project, Nevada.

GGL Resources Corp. announced that it has received CAD 0.3 million in funding

GGL Resources Corp. announced that it expects to receive CAD 0.3 million in funding

Shareholder Returns

Price Volatility

About the Company

GGL Resources Corp. Fundamentals Summary

0.0x

-11.6x

Earnings & Revenue