Gold Springs Resource (TSE:GRC) Shares Down 14.3% – Time to Sell?

Shares of Gold Springs Resource Corp. (TSE:GRCGet Free Report) fell 14.3% during trading on Thursday . The stock traded as low as C$0.06 and last traded at C$0.06. Approximately 430,429 shares were traded during mid-day trading, an increase of 644% from the average daily volume of 57,885 shares. The stock had previously closed at C$0.07.

Gold Springs Resource Stock Performance

The firm has a market capitalization of C$16.99 million, a price-to-earnings ratio of -9.00 and a beta of -0.04. The firm’s 50-day moving average price is C$0.07 and its two-hundred day moving average price is 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.

About Gold Springs Resource

(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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