Gold Springs Resource (TSE:GRC) Trading Up 17.2% – Still a Buy?

Gold Springs Resource Corp. (TSE:GRCGet Free Report)’s stock price was up 17.2% during mid-day trading on Friday . The company traded as high as C$0.09 and last traded at C$0.09. Approximately 137,000 shares changed hands during trading, an increase of 114% from the average daily volume of 64,093 shares. The stock had previously closed at C$0.07.

Gold Springs Resource Stock Up 17.2%

The firm has a market cap of C$24.06 million, a price-to-earnings ratio of -9.00 and a beta of -0.26. The company has a current ratio of 0.11, a quick ratio of 0.49 and a debt-to-equity ratio of 0.12. The stock has a 50-day moving average of C$0.08 and a 200-day moving average of C$0.09.

Gold Springs Resource (TSE:GRCGet Free Report) last released its quarterly earnings data on Monday, March 30th. The company reported C$0.00 earnings per share (EPS) for the quarter.

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

Receive News & Ratings for Gold Springs Resource Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gold Springs Resource and related companies with MarketBeat.com's FREE daily email newsletter.