Gensource Potash (CVE:GSP) Stock Crosses Below 50-Day Moving Average – Here’s Why

Gensource Potash Co. (CVE:GSPGet Free Report)’s stock price crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$0.15 and traded as low as C$0.12. Gensource Potash shares last traded at C$0.12, with a volume of 37,550 shares trading hands.

Gensource Potash Stock Up 4.2%

The company has a current ratio of 0.02, a quick ratio of 0.08 and a debt-to-equity ratio of 64.66. The firm has a market cap of C$58.55 million, a P/E ratio of -12.50 and a beta of 0.69. The stock’s fifty day moving average is C$0.15 and its two-hundred day moving average is C$0.12.

Gensource Potash Company Profile

(Get Free Report)

Gensource Potash Corporation, together with its subsidiaries, operates as a fertilizer development company in Canada. The company focuses on potash development activities. It holds various interests in the Tugaske Project located in Saskatchewan; and Vanguard Area, as well as the Lazlo projects located in central Saskatchewan. Gensource Potash Corporation is headquartered in Saskatoon, Canada.

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