Greencastle Resources (CVE:VGN) Hits New 52-Week Low – What’s Next?

Shares of Greencastle Resources Ltd. (CVE:VGNGet Free Report) reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as C$0.03 and last traded at C$0.02, with a volume of 20000 shares changing hands. The stock had previously closed at C$0.03.

Greencastle Resources Price Performance

The company has a market cap of C$1.15 million, a price-to-earnings ratio of -0.67 and a beta of -0.15. The stock has a 50 day simple moving average of C$0.03 and a two-hundred day simple moving average of C$0.04. The company has a debt-to-equity ratio of 0.13, a current ratio of 17.28 and a quick ratio of 220.64.

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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