Greencastle Resources (CVE:VGN) Stock Price Down 14.3% – Should You Sell?

Shares of Greencastle Resources Ltd. (CVE:VGNGet Free Report) traded down 14.3% during mid-day trading on Thursday . The company traded as low as C$0.03 and last traded at C$0.03. 143,000 shares changed hands during mid-day trading, an increase of 23% from the average session volume of 116,417 shares. The stock had previously closed at C$0.04.

Greencastle Resources Price Performance

The company’s fifty day simple moving average is C$0.03 and its 200 day simple moving average is C$0.04. The company has a quick ratio of 220.64, a current ratio of 17.28 and a debt-to-equity ratio of 0.13. The firm has a market capitalization of C$1.27 million, a PE ratio of -0.19 and a beta of 1.56.

Greencastle Resources Company Profile

(Get Free Report)

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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