Gold Springs Resource (TSE:GRC) Reaches New 12-Month Low – Here’s Why

Gold Springs Resource Corp. (TSE:GRC – Get Free Report) shares reached a new 52-week low during trading on Wednesday. The stock traded as low as C$0.05 and last traded at C$0.06, with a volume of 837,000 shares changing hands. The stock had previously closed at C$0.06.

Gold Springs Resource Price Performance

The business has a 50-day simple moving average of C$0.06 and a two-hundred day simple moving average of C$0.07. 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 company has a market capitalization of C$15.57 million, a price-to-earnings ratio of -9.00 and a beta of 0.26.

Gold Springs Resource Company Profile

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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.

Further Reading

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