Gold Springs Resource (TSE:GRC) Hits New 12-Month Low – Here’s What Happened

Gold Springs Resource Corp. (TSE:GRCGet Free Report) hit a new 52-week low on Wednesday . The stock traded as low as C$0.06 and last traded at C$0.06, with a volume of 55000 shares trading hands. The stock had previously closed at C$0.07.

Gold Springs Resource Trading Down 15.4%

The firm has a 50 day simple moving average of C$0.07 and a 200 day simple moving average of C$0.08. 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 firm has a market cap of C$15.57 million, a P/E ratio of -9.00 and a beta of -0.04.

Gold Springs Resource Company Profile

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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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