Greencastle Resources (CVE:VGN) Trading Down 14.3% – What’s Next?

Shares of Greencastle Resources Ltd. (CVE:VGN) were down 14.3% during mid-day trading on Thursday . The stock traded as low as C$0.03 and last traded at C$0.03. Approximately 143,000 shares changed hands during 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 firm has a market cap of C$1.27 million, a PE ratio of -0.19 and a beta of 1.56. The stock has a 50-day moving average price of C$0.03 and a 200 day moving average price of C$0.04. The company has a debt-to-equity ratio of 0.13, a current ratio of 17.28 and a quick ratio of 220.64.

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.