Greencastle Resources (CVE:VGN) Reaches New 52-Week Low – Time to Sell?

Greencastle Resources Ltd. (CVE:VGN) hit a new 52-week low on Monday . The stock traded as low as C$0.03 and last traded at C$0.03, with a volume of 39466 shares. The stock had previously closed at C$0.04.

Greencastle Resources Stock Down 14.3%

The firm has a 50 day moving average price of C$0.04 and a 200-day moving average price of C$0.04. The company has a current ratio of 17.28, a quick ratio of 220.64 and a debt-to-equity ratio of 0.13. The firm has a market cap of C$1.09 million, a PE ratio of -4.00 and a beta of 0.59.

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. The company also holds royalty interests in wells located in the Spirit River area, Alberta.