Greencastle Resources (CVE:VGN) Sets New 12-Month Low – Time to Sell?

Greencastle Resources Ltd. (CVE:VGN)’s stock price hit a new 52-week low during trading on Wednesday . The company traded as low as C$0.03 and last traded at C$0.03, with a volume of 5000 shares trading hands. The stock had previously closed at C$0.03.

Greencastle Resources Price Performance

The company has a debt-to-equity ratio of 0.13, a current ratio of 17.28 and a quick ratio of 220.64. The firm’s 50 day moving average price is C$0.04 and its two-hundred day moving average price is C$0.04. The firm has a market cap of C$1.09 million, a price-to-earnings ratio of -0.17 and a beta of 1.56.

Greencastle Resources Company Profile

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.