Gold Springs Resource (TSE:GRC) Shares Down 14.3% – Here’s What Happened

Shares of Gold Springs Resource Corp. (TSE:GRCGet Free Report) were down 14.3% on Thursday . The stock traded as low as C$0.06 and last traded at C$0.06. 430,429 shares traded hands during mid-day trading, an increase of 644% from the average session volume of 57,885 shares. The stock had previously closed at C$0.07.

Gold Springs Resource Stock Performance

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 capitalization of C$16.99 million, a price-to-earnings ratio of -9.00 and a beta of -0.15. The stock has a fifty day moving average price of C$0.07 and a 200-day moving average price of 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.

Further Reading

Receive News & Ratings for Gold Springs Resource Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gold Springs Resource and related companies with MarketBeat.com's FREE daily email newsletter.