Gold Springs Resource (TSE:GRC) Hits New 1-Year Low – Should You Sell?

Gold Springs Resource Corp. (TSE:GRCGet Free Report)’s share price reached a new 52-week low during trading on Friday . The stock traded as low as C$0.06 and last traded at C$0.06, with a volume of 462429 shares trading hands. The stock had previously closed at C$0.06.

Gold Springs Resource Stock Down 14.3%

The stock has a 50 day moving average price of C$0.07 and a 200 day moving average price of C$0.08. The stock has a market capitalization of C$16.99 million, a price-to-earnings ratio of -9.00 and a beta of -0.04. The company has a quick ratio of 0.49, a current ratio of 0.11 and a debt-to-equity ratio of 0.12.

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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