Greencastle Resources (CVE:VGN) Reaches New 1-Year Low – Should You Sell?

Shares of Greencastle Resources Ltd. (CVE:VGNGet Free Report) reached a new 52-week low during trading on Friday . The stock traded as low as C$0.02 and last traded at C$0.02, with a volume of 5000 shares changing hands. The stock had previously closed at C$0.03.

Greencastle Resources Stock Down 20.0%

The stock has a market capitalization of C$1.15 million, a price-to-earnings ratio of -0.67 and a beta of -0.09. The business has a fifty day moving average of C$0.03 and a 200 day moving average of C$0.04. The company has a debt-to-equity ratio of 0.13, a current ratio of 17.28 and a quick ratio of 220.64.

About Greencastle Resources

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Greencastle Resources Ltd., together with its subsidiaries, engages in the exploration and development of gold, base metal, oil and gas properties, and royalties in Canada. The company operates through Investments in Private and Public Companies; Oil and Gas Interests; and Mining Interests segments. It holds interests in the Jewel Ridge gold property located in Nevada, the United States; the Primate oil and gas property in Saskatchewan; and the Ferrier oil and gas project located in Alberta. The company also holds royalty interests in wells located in the Spirit River area, Alberta.

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