Gold Springs Resource (TSE:GRC) Hits New 52-Week Low – Time to Sell?

Gold Springs Resource Corp. (TSE:GRC) hit a new 52-week low on Tuesday. The stock traded as low as C$0.04 and last traded at C$0.04, with a volume of 23,950 shares. The stock had previously closed at C$0.04.

Gold Springs Resource Price Performance

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 market capitalization of C$11.33 million, a P/E ratio of -9.00 and a beta of 0.31. The stock has a 50 day moving average of C$0.06 and a 200-day moving average of C$0.08.

Gold Springs Resource Company Profile

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.