Gensource Potash Co. (CVE:GSP – Get Free Report)’s share price shot up 10.7% on Thursday . The company traded as high as C$0.16 and last traded at C$0.16. 311,395 shares were traded during mid-day trading, an increase of 33% from the average session volume of 234,037 shares. The stock had previously closed at C$0.14.
Gensource Potash Trading Up 17.9%
The company has a 50-day moving average price of C$0.10 and a 200-day moving average price of C$0.08. The firm has a market capitalization of C$74.37 million, a price-to-earnings ratio of -16.50 and a beta of 0.93. The company has a debt-to-equity ratio of 61.39, a quick ratio of 0.08 and a current ratio of 0.02.
Gensource Potash Company Profile
Gensource Potash Corporation, together with its subsidiaries, operates as a fertilizer development company in Canada. The company focuses on potash development activities. It holds various interests in the Tugaske Project located in Saskatchewan; and Vanguard Area, as well as the Lazlo projects located in central Saskatchewan. Gensource Potash Corporation is headquartered in Saskatoon, Canada.
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