Greencastle Resources Ltd. (CVE:VGN – Get Free Report) dropped 14.3% during trading on Thursday . The company traded as low as C$0.03 and last traded at C$0.03. Approximately 143,000 shares traded hands during mid-day trading, an increase of 12% from the average daily volume of 127,917 shares. The stock had previously closed at C$0.04.
Greencastle Resources Stock Performance
The stock’s 50 day moving average is C$0.03 and its 200 day moving average is C$0.04. The stock has a market capitalization of C$1.27 million, a price-to-earnings ratio of -0.19 and a beta of 1.56. The company has a current ratio of 17.28, a quick ratio of 220.64 and a debt-to-equity ratio of 0.13.
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.
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