Gold Springs Resource (TSE:GRC) Sets New 1-Year Low – What’s Next?

Gold Springs Resource Corp. (TSE:GRC – Get Free Report) reached a new 52-week low on Wednesday. The stock traded as low as C$0.05 and last traded at C$0.06, with a volume of 837,000 shares trading hands. The stock had previously closed at C$0.06.

Gold Springs Resource Stock Performance

The business’s fifty day moving average is C$0.06 and its two-hundred day moving average is C$0.07. 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 stock has a market capitalization of C$15.57 million, a PE ratio of -9.00 and a beta of 0.26.

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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