Gold Springs Resource (TSE:GRC) Trading 27.3% Higher

Shares of Gold Springs Resource Corp. (TSE:GRCGet Free Report) traded up 27.3% during mid-day trading on Wednesday . The company traded as high as C$0.07 and last traded at C$0.07. 29,275 shares traded hands during mid-day trading, an increase of 42% from the average session volume of 20,657 shares. The stock had previously closed at C$0.06.

Gold Springs Resource Price Performance

The company has a debt-to-equity ratio of 0.12, a current ratio of 0.76 and a quick ratio of 0.49. The firm’s 50 day moving average is C$0.08 and its 200 day moving average is C$0.08. The firm has a market cap of C$22.51 million, a P/E ratio of -8.00 and a beta of 0.80.

About Gold Springs Resource

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Gold Springs Resource Corp. engages in the acquisition, exploration, and development of mineral properties in the United States. The company primarily explores for gold and silver deposits. It holds a 100% interest in the Gold Springs project covering approximately 7,847 hectares located in straddles eastern Lincoln County, Nevada, and western Iron County, Utah.

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