Greencastle Resources (CVE:VGN) Reaches New 52-Week Low – Here’s Why

Greencastle Resources Ltd. (CVE:VGNGet Free Report)’s share price hit a new 52-week low on Wednesday . The stock traded as low as C$0.03 and last traded at C$0.03, with a volume of 896000 shares changing hands. The stock had previously closed at C$0.04.

Greencastle Resources Stock Performance

The company has a debt-to-equity ratio of 0.13, a current ratio of 17.28 and a quick ratio of 220.64. The stock has a 50-day moving average price of C$0.04 and a 200-day moving average price of C$0.04. The firm has a market capitalization of C$1.09 million, a PE ratio of -0.17 and a beta of 1.56.

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.

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