Gold Springs Resource (TSE:GRC) Shares Down 14.3% – What’s Next?

Shares of Gold Springs Resource Corp. (TSE:GRC – Get Free Report) fell 14.3% on Thursday . The company traded as low as C$0.06 and last traded at C$0.06. 430,429 shares traded hands during trading, an increase of 644% from the average session volume of 57,885 shares. The stock had previously closed at C$0.07.

Gold Springs Resource Trading Down 14.3%

The company has a 50-day simple moving average of C$0.07 and a 200-day simple moving average of C$0.08. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.49 and a current ratio of 0.11. The stock has a market cap of C$16.99 million, a P/E ratio of -9.00 and a beta of -0.15.

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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