Greencastle Resources (CVE:VGN) Hits New 1-Year Low – Should You Sell?

Shares of Greencastle Resources Ltd. (CVE:VGN – Get Free Report) hit a new 52-week low during mid-day trading on Friday. The company traded as low as C$0.01 and last traded at C$0.01, with a volume of 134,000 shares. The stock had previously closed at C$0.02.

Greencastle Resources Trading Down 25.0%

The stock has a market capitalization of C$865,665.00, a price-to-earnings ratio of -0.38 and a beta of -0.15. The company’s 50 day moving average is C$0.02 and its 200 day moving average is 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.

Greencastle Resources Company Profile

(Get Free Report)

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.

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