Gold Springs Resource (TSE:GRC) Shares Up 17.6% – Still a Buy?

Gold Springs Resource Corp. (TSE:GRCGet Free Report)’s share price rose 17.6% during trading on Friday . The stock traded as high as C$0.10 and last traded at C$0.10. Approximately 102,075 shares traded hands during mid-day trading, an increase of 118% from the average daily volume of 46,725 shares. The stock had previously closed at C$0.09.

Gold Springs Resource Price Performance

The firm has a market capitalization of C$26.89 million, a P/E ratio of -9.00 and a beta of 0.06. The stock’s 50 day simple moving average is C$0.08 and its 200 day simple moving average is C$0.09. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.49 and a current ratio of 0.11.

Gold Springs Resource (TSE:GRCGet Free Report) last released its quarterly earnings data on Thursday, November 13th. The company reported C$0.00 EPS for the quarter.

About Gold Springs Resource

(Get Free Report)

Gold Springs Resource Corp is a growth-focused mineral exploration company advancing the district-scale Gold Springs gold project situated in mining-friendly Nevada and Utah.

Further Reading

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