Gold Springs Resource (TSE:GRC) Sets New 52-Week Low – Should You Sell?

Shares of Gold Springs Resource Corp. (TSE:GRC – Get Free Report) 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 stock has a market capitalization of C$15.57 million, a P/E ratio of -9.00 and a beta of 0.26. The company has a debt-to-equity ratio of 0.12, a current ratio of 0.11 and a quick ratio of 0.49. The firm has a 50-day simple moving average of C$0.06 and a 200 day simple moving average of C$0.07.

Gold Springs Resource Company Profile

(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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