Gold Springs Resource (TSE:GRC) Hits New 12-Month Low – What’s Next?

Gold Springs Resource Corp. (TSE:GRC – Get Free Report)’s share price hit a new 52-week low during trading on Thursday. The stock traded as low as C$0.05 and last traded at C$0.05, with a volume of 477000 shares changing hands. The stock had previously closed at C$0.06.

Gold Springs Resource Stock Down 9.1%

The company has a market capitalization of C$14.16 million, a price-to-earnings ratio of -9.00 and a beta of 0.26. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.49 and a current ratio of 0.11. The business’s 50 day moving average is C$0.07 and its 200 day moving average is C$0.07.

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.

Further Reading

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