Greencastle Resources (CVE:VGN) Shares Up 28.6% – Here’s What Happened
by Mitch Edgeman · The Markets DailyGreencastle Resources Ltd. (CVE:VGN – Get Free Report)’s share price rose 28.6% during trading on Wednesday . The stock traded as high as C$0.05 and last traded at C$0.05. Approximately 133,000 shares traded hands during trading, an increase of 186% from the average daily volume of 46,485 shares. The stock had previously closed at C$0.04.
Greencastle Resources Stock Performance
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 company’s 50-day moving average is C$0.04 and its two-hundred day moving average is C$0.04. The stock has a market capitalization of C$1.63 million, a P/E ratio of -4.00 and a beta of 0.59.
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. The company also holds royalty interests in wells located in the Spirit River area, Alberta.