Gold Springs Resource (TSE:GRC) Reaches New 52-Week Low – Should You Sell?

Gold Springs Resource Corp. (TSE:GRC – Get Free Report)’s share price hit a new 52-week low during mid-day trading on Wednesday. The stock traded as low as C$0.06 and last traded at C$0.06, with a volume of 55000 shares traded. The stock had previously closed at C$0.07.

Gold Springs Resource Stock Up 9.1%

The business’s fifty day moving average price is C$0.07 and its 200 day moving average price is C$0.08. The company has a quick ratio of 0.49, a current ratio of 0.11 and a debt-to-equity ratio of 0.12. The firm has a market capitalization of C$16.99 million, a PE ratio of -9.00 and a beta of -0.04.

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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