Goldstrike Resources (CVE:GSR) Trading Down 5.6% – Here’s What Happened

Goldstrike Resources Ltd. (CVE:GSRGet Free Report)’s stock price was down 5.6% during trading on Wednesday . The stock traded as low as C$0.51 and last traded at C$0.51. Approximately 66,090 shares traded hands during mid-day trading, a decline of 35% from the average daily volume of 101,777 shares. The stock had previously closed at C$0.54.

Goldstrike Resources Price Performance

The company has a market cap of C$38.33 million, a PE ratio of -2.29 and a beta of 7.11. The firm’s 50-day moving average is C$0.58 and its 200-day moving average is C$0.44. The company has a quick ratio of 15.03, a current ratio of 15.31 and a debt-to-equity ratio of 0.14.

About Goldstrike Resources

(Get Free Report)

Goldstrike Resources Ltd. acquires, explores for, and develops mineral properties in Canada. The company explores for gold deposits. Its principal property is the Plateau North and Plateau South areas, which includes approximately 3,167 contiguous quartz claims covering an area of 662 square kilometers in Yukon Territory, Canada. The company was formerly known as AccelRate Power Systems Inc and changed its name to Goldstrike Resources Ltd. in June 2011. Goldstrike Resources Ltd. is headquartered in Vancouver, Canada.

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