Gold Springs Resource (TSE:GRC) Reaches New 12-Month Low – Here’s What Happened

Shares of Gold Springs Resource Corp. (TSE:GRCGet Free Report) reached a new 52-week low on Tuesday . The company traded as low as C$0.06 and last traded at C$0.06, with a volume of 24500 shares. The stock had previously closed at C$0.07.

Gold Springs Resource Stock 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 company’s 50-day moving average is C$0.07 and its two-hundred day moving average is C$0.08. The stock has a market capitalization of C$16.99 million, a P/E ratio of -9.00 and a beta of -0.04.

About Gold Springs Resource

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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.

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