Greencastle Resources (CVE:VGN) Hits New 52-Week Low – Should You Sell?

Greencastle Resources Ltd. (CVE:VGN) shares hit a new 52-week low during trading on Tuesday . The company traded as low as C$0.03 and last traded at C$0.03, with a volume of 33000 shares trading hands. The stock had previously closed at C$0.04.

Greencastle Resources Trading Down 14.3 %

The business’s 50-day moving average price is C$0.03 and its 200 day moving average price is C$0.04. The company has a market cap of C$1.09 million, a P/E ratio of -0.17 and a beta of 1.56. The company has a debt-to-equity ratio of 0.13, a quick ratio of 220.64 and a current ratio of 17.28.

Greencastle Resources Company Profile

Greencastle Resources Ltd., together with its subsidiaries, engages in the exploration and development of gold, base metal, oil and gas properties, and royalties in Canada. The company operates through Investments in Private and Public Companies; Oil and Gas Interests; and Mining Interests segments. It holds interests in the Jewel Ridge gold property located in Nevada, the United States; the Primate oil and gas property in Saskatchewan; and the Ferrier oil and gas project located in Alberta.