Greencastle Resources (CVE:VGN) Stock Price Up 28.6% – Here’s What Happened

Shares of Greencastle Resources Ltd. (CVE:VGN) shot up 28.6% on Thursday . The company traded as high as C$0.05 and last traded at C$0.05. 133,000 shares were traded during trading, an increase of 186% from the average session volume of 46,485 shares. The stock had previously closed at C$0.04.

Greencastle Resources Stock Performance

The stock has a market capitalization of C$1.63 million, a PE ratio of -4.00 and a beta of 0.59. The company has a debt-to-equity ratio of 0.13, a quick ratio of 220.64 and a current ratio of 17.28. The firm has a 50 day moving average of C$0.04 and a 200-day moving average of C$0.04.

Greencastle Resources Company Profile

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.