Gold Springs Resource (TSE:GRC) Trading Up 13.3% – Should You Buy?

Gold Springs Resource Corp. (TSE:GRCGet Free Report) shares shot up 13.3% on Friday . The company traded as high as C$0.09 and last traded at C$0.09. 115,122 shares traded hands during mid-day trading, an increase of 75% from the average session volume of 65,811 shares. The stock had previously closed at C$0.08.

Gold Springs Resource Trading Up 13.3%

The firm has a 50 day simple moving average of C$0.08 and a 200 day simple moving average of C$0.09. The company has a current ratio of 0.11, a quick ratio of 0.49 and a debt-to-equity ratio of 0.12. The firm has a market capitalization of C$24.06 million, a PE ratio of -9.00 and a beta of -0.08.

Gold Springs Resource (TSE:GRCGet Free Report) last issued its earnings results on Monday, March 30th. The company reported C$0.00 earnings per share (EPS) for the quarter.

Gold Springs Resource Company Profile

(Get Free Report)

Gold Springs Resource Corp. (TSX: GRC) (OTCQB: GRCAF) is focused on the exploration and expansion of the gold and silver resources of its large Gold Springs project located on the border of Nevada and Utah, USA. The project is situated in the prolific Great Basin of Western USA, one of the best mining jurisdictions in the world.

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