Greencastle Resources (CVE:VGN) Reaches New 1-Year Low – What’s Next?

Greencastle Resources Ltd. (CVE:VGNGet Free Report) reached a new 52-week low during trading on Wednesday . The company traded as low as C$0.04 and last traded at C$0.04, with a volume of 2700 shares trading hands. The stock had previously closed at C$0.04.

Greencastle Resources Stock Down 12.5 %

The stock’s 50 day simple moving average is C$0.04 and its 200 day simple moving average is C$0.04. 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 stock has a market capitalization of C$1.27 million, a P/E ratio of -0.22 and a beta of 1.56.

About Greencastle Resources

(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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