Gold Springs Resource (TSE:GRC) Trading Up 15.4% – Here’s Why

Gold Springs Resource Corp. (TSE:GRCGet Free Report)’s share price shot up 15.4% on Thursday . The stock traded as high as C$0.07 and last traded at C$0.07. Approximately 296,000 shares traded hands during mid-day trading, an increase of 422% from the average session volume of 56,711 shares. The stock had previously closed at C$0.07.

Gold Springs Resource Trading Up 15.4%

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 business has a fifty day simple moving average of C$0.07 and a 200 day simple moving average of C$0.08. The company has a market cap of C$21.24 million, a P/E ratio of -9.00 and a beta of -0.15.

About Gold Springs Resource

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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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