Gold Springs Resource (TSE:GRC) Hits New 52-Week Low – Time to Sell?

Gold Springs Resource Corp. (TSE:GRC – Get Free Report)’s share price reached a new 52-week low during mid-day trading on Thursday. The stock traded as low as C$0.05 and last traded at C$0.05, with a volume of 477,000 shares traded. The stock had previously closed at C$0.06.

Gold Springs Resource Stock Up 10.0%

The firm has a market capitalization of C$15.57 million, a price-to-earnings ratio of -9.00 and a beta of 0.26. The business’s 50-day moving average is C$0.06 and its two-hundred day moving average is C$0.07. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.49 and a current ratio of 0.11.

About Gold Springs Resource

(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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