Greencastle Resources (CVE:VGN) Sets New 52-Week Low – Here’s Why

Greencastle Resources Ltd. (CVE:VGN) reached a new 52-week low during trading on Thursday . The stock traded as low as C$0.02 and last traded at C$0.02, with a volume of 1000 shares changing hands. The stock had previously closed at C$0.02.

Greencastle Resources Stock Performance

The business has a fifty day moving average of C$0.03 and a 200-day moving average of C$0.03. The company has a debt-to-equity ratio of 0.13, a quick ratio of 220.64 and a current ratio of 17.28. The company has a market capitalization of C$1.15 million, a P/E ratio of -0.67 and a beta of -0.09.

About Greencastle Resources

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.