Greencastle Resources (CVE:VGN) Hits New 1-Year Low – Should You Sell?

Shares of Greencastle Resources Ltd. (CVE:VGN) reached a new 52-week low during trading on Tuesday . The stock traded as low as C$0.03 and last traded at C$0.02, with a volume of 20000 shares changing hands. The stock had previously closed at C$0.03.

Greencastle Resources Stock Down 20.0%

The firm has a 50-day moving average of C$0.03 and a two-hundred day moving average of 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 company has a market capitalization of C$1.15 million, a PE ratio of -0.67 and a beta of -0.15.

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. The company also holds royalty interests in wells located in the Spirit River area, Alberta.