Gold Springs Resource (TSE:GRC) Stock Price Down 15.4% – Time to Sell?

Gold Springs Resource Corp. (TSE:GRCGet Free Report) shares were down 15.4% during mid-day trading on Tuesday . The stock traded as low as C$0.06 and last traded at C$0.06. 122,005 shares changed hands during trading, an increase of 99% from the average daily volume of 61,265 shares. The stock had previously closed at C$0.07.

Gold Springs Resource Stock Down 15.4%

The company has a current ratio of 0.11, a quick ratio of 0.49 and a debt-to-equity ratio of 0.12. The firm has a market cap of C$15.57 million, a P/E ratio of -9.00 and a beta of -0.04. The firm’s 50 day moving average is C$0.07 and its two-hundred day moving average is C$0.08.

Gold Springs Resource Company Profile

(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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