Gold Springs Resource (TSE:GRC) Reaches New 12-Month Low – Time to Sell?

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

Gold Springs Resource Price Performance

The business’s 50-day moving average price is C$0.06 and its 200 day moving average price is C$0.07. The company has a market capitalization of C$14.16 million, a P/E ratio of -9.00 and a beta of 0.26. The company has a quick ratio of 0.49, a current ratio of 0.11 and a debt-to-equity ratio of 0.12.

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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