Greencastle Resources (CVE:VGN) Hits New 52-Week Low – Time to Sell?

Greencastle Resources Ltd. (CVE:VGNGet Free Report) reached a new 52-week low during mid-day trading on Friday . The company traded as low as C$0.04 and last traded at C$0.04, with a volume of 146000 shares changing hands. The stock had previously closed at C$0.04.

Greencastle Resources Stock Down 12.5 %

The stock has a market capitalization of C$1.27 million, a P/E ratio of -0.19 and a beta of 1.56. The firm’s 50-day simple moving average is C$0.04 and its 200 day simple moving average is C$0.04. The company has a debt-to-equity ratio of 0.13, a quick ratio of 220.64 and a current ratio of 17.28.

About Greencastle Resources

(Get Free Report)

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.

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