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Quarterly Report Analysis Q3 2020: GGL Resources reports Loss of CAD55,421 ($42,353) Corporate Wire Date: 28 November 2020 11:50 EST Release Date: November 03, 2020

Nov 29, 2020 - News Bites Canadian Markets
Financial Results

CANADIAN RESULTS

GGL Resources (TSXV:GGL) announced loss for the quarter-ended 31 August 2020 [Q3/2020] of CAD55,421 ($42,353).

Sequential Quarter comparison

Quarter on Quarter Aug 31, 2020 May 31, 2020 Aug 31, 2020 May 31, 2020 Change Description CAD ('000) CAD ('000) $ ('000) $ ('000) (%) Depreciation 1.1 1.1 0.8 0.8 Steady Profit/(Loss) after Tax (55.4) (40.7) (42.4) (29.5) Deterioration 36.3 Net Assets 2,555.3 2,329.2 1,952.7 1,691.7 Up 9.7

Correspondin...