Gold Springs Resource (TSE:GRC) Trading Down 13.3% – Should You Sell?

Gold Springs Resource Corp. (TSE:GRC)’s stock price was down 13.3% during mid-day trading on Friday . The stock traded as low as C$0.07 and last traded at C$0.07. Approximately 116,000 shares were traded during mid-day trading, an increase of 139% from the average daily volume of 48,487 shares. The stock had previously closed at C$0.08.

Gold Springs Resource Price Performance

The company has a 50-day simple moving average of C$0.09 and a 200-day simple moving average of C$0.09. The stock has a market cap of C$18.40 million, a PE ratio of -9.00 and a beta of -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.

Gold Springs Resource (TSE:GRC) last released its quarterly earnings data on Monday, March 30th. The company reported C$0.00 earnings per share (EPS) for the quarter.

About Gold Springs Resource

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.