Gold Springs Resource (TSE:GRC) Stock Price Down 26.7% – Time to Sell?

Gold Springs Resource Corp. (TSE:GRCGet Free Report)’s share price was down 26.7% during trading on Thursday . The company traded as low as C$0.06 and last traded at C$0.06. Approximately 163,834 shares changed hands during mid-day trading, an increase of 476% from the average daily volume of 28,439 shares. The stock had previously closed at C$0.08.

Gold Springs Resource Stock Performance

The company has a market capitalization of C$16.98 million, a PE ratio of -6.00 and a beta of 0.85. The company has a 50-day moving average price of C$0.08 and a two-hundred day moving average price of C$0.09. The company has a quick ratio of 0.49, a current ratio of 0.11 and a debt-to-equity ratio of 0.12.

Gold Springs Resource Company Profile

(Get Free Report)

Gold Springs Resource Corp. engages in the acquisition, exploration, and development of mineral properties in the United States and Canada. The company primarily explores for gold and silver deposits. It holds a 100% interest in the Gold Springs project covering approximately 7,544 hectares located in straddles eastern Lincoln County, Nevada, and western Iron County, Utah.

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