Greencastle Resources (CVE:VGN) Sets New 12-Month Low – Should You Sell?

Greencastle Resources Ltd. (CVE:VGN – Get Free Report) hit a new 52-week low during trading on Wednesday. The company traded as low as C$0.01 and last traded at C$0.02, with a volume of 56000 shares traded. The stock had previously closed at C$0.02.

Greencastle Resources Stock Performance

The company has a current ratio of 17.28, a quick ratio of 220.64 and a debt-to-equity ratio of 0.13. The firm’s fifty day moving average price is C$0.02 and its two-hundred day moving average price is C$0.03. The stock has a market capitalization of C$1.15 million, a PE ratio of -0.50 and a beta of -0.12.

About Greencastle Resources

(Get Free Report)

Greencastle Resources Ltd., together with its subsidiaries, engages in the exploration and development of gold, base metal, oil and gas properties, and royalties in Canada. The company operates through Investments in Private and Public Companies; Oil and Gas Interests; and Mining Interests segments. It holds interests in the Jewel Ridge gold property located in Nevada, the United States; the Primate oil and gas property in Saskatchewan; and the Ferrier oil and gas project located in Alberta. The company also holds royalty interests in wells located in the Spirit River area, Alberta.

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