Gold Springs Resource (TSE:GRC) Reaches New 52-Week Low – What’s Next?

Gold Springs Resource Corp. (TSE:GRCGet Free Report)’s share price hit a new 52-week low on Tuesday . The company traded as low as C$0.06 and last traded at C$0.06, with a volume of 24500 shares changing hands. The stock had previously closed at C$0.07.

Gold Springs Resource Price Performance

The firm’s 50-day moving average is C$0.07 and its two-hundred day moving average is C$0.08. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.49 and a current ratio of 0.11. The stock has a market cap of C$16.99 million, a P/E ratio of -9.00 and a beta of -0.04.

Gold Springs Resource Company Profile

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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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