Gold Springs Resource (TSE:GRC) Shares Up 15.4% – What’s Next?

Shares of Gold Springs Resource Corp. (TSE:GRCGet Free Report) were up 15.4% during trading on Wednesday . The stock traded as high as C$0.08 and last traded at C$0.08. Approximately 102,800 shares were traded during trading, an increase of 232% from the average daily volume of 31,001 shares. The stock had previously closed at C$0.07.

Gold Springs Resource Stock Performance

The firm has a market capitalization of C$21.23 million, a price-to-earnings ratio of -7.50 and a beta of 0.85. The company has a fifty day moving average of C$0.07 and a two-hundred day moving average of C$0.08. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.49 and a current ratio of 0.11.

About Gold Springs Resource

(Get Free Report)

Gold Springs Resource Corp. engages in the acquisition, exploration, and development of mineral properties in the United States and Canada. The company primarily explores for gold and silver deposits. It holds a 100% interest in the Gold Springs project covering approximately 7,544 hectares located in straddles eastern Lincoln County, Nevada, and western Iron County, Utah.

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