Gold Springs Resource (TSE:GRC) Reaches New 52-Week Low – What’s Next?

Gold Springs Resource Corp. (TSE:GRC – Get Free Report)’s share price reached a new 52-week low during mid-day trading on Wednesday. The stock traded as low as C$0.05 and last traded at C$0.05, with a volume of 23,000 shares changing hands. The stock had previously closed at C$0.05.

Gold Springs Resource Stock Performance

The stock has a 50-day moving average of C$0.06 and a 200 day moving average of C$0.07. 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 stock has a market capitalization of C$14.16 million, a price-to-earnings ratio of -9.00 and a beta of 0.26.

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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