Greencastle Resources (CVE:VGN) Hits New 12-Month Low – Here’s Why

Shares of Greencastle Resources Ltd. (CVE:VGN) hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as C$0.04 and last traded at C$0.04, with a volume of 9000 shares. The stock had previously closed at C$0.04.

Greencastle Resources Stock Performance

The company has a current ratio of 17.28, a quick ratio of 220.64 and a debt-to-equity ratio of 0.13. The company has a market cap of C$1.27 million, a PE ratio of -0.19 and a beta of 1.56. The firm’s 50-day simple moving average is C$0.04 and its two-hundred day simple moving average is C$0.04.

About Greencastle Resources

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.