Gold Springs Resource (TSE:GRC) Shares Up 12.5% – Time to Buy?

Gold Springs Resource Corp. (TSE:GRC)’s stock price shot up 12.5% during trading on Tuesday . The company traded as high as C$0.09 and last traded at C$0.09. 124,187 shares were traded during trading, an increase of 93% from the average session volume of 64,466 shares. The stock had previously closed at C$0.08.

Gold Springs Resource Trading Down 11.1%

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 firm has a market capitalization of C$22.64 million, a P/E ratio of -9.00 and a beta of -0.08. The firm has a 50 day moving average price of C$0.09 and a two-hundred day moving average price of C$0.09.

Gold Springs Resource (TSE:GRC) last announced its earnings results on Monday, March 30th. The company reported C$0.00 EPS for the quarter.

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.