Gold Springs Resource (TSE:GRC) Shares Down 26.7% – Here’s What Happened

Gold Springs Resource Corp. (TSE:GRCGet Free Report) shares traded down 26.7% during mid-day trading on Thursday . The company traded as low as C$0.06 and last traded at C$0.06. 163,834 shares traded hands during mid-day trading, an increase of 476% from the average session volume of 28,439 shares. The stock had previously closed at C$0.08.

Gold Springs Resource Stock Performance

The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.49 and a current ratio of 0.11. The company has a 50 day moving average price of C$0.08 and a 200 day moving average price of C$0.09. The company has a market capitalization of C$15.57 million, a PE ratio of -5.50 and a beta of 0.85.

Gold Springs Resource Company Profile

(Get Free Report)

Gold Springs Resource Corp. engages in the acquisition, exploration, and development of mineral properties in the United States and Canada. The company primarily explores for gold and silver deposits. It holds a 100% interest in the Gold Springs project covering approximately 7,544 hectares located in straddles eastern Lincoln County, Nevada, and western Iron County, Utah.

Further Reading

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