Gold Springs Resource Corp. Reports 2024 Financial Results with Increased Exploration Spending

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Gold Springs Resource Corp. Reports 2024 Financial Results with Increased Exploration Spending

Gold Springs Resource ( (TSE:GRC) ) has provided an update.

Gold Springs Resource Corp. has released its audited financial statements for 2024, reporting a net loss of $0.68 million. The company saw a decrease in general and administrative expenses but increased exploration spending. The financial results reflect a loss on equipment disposal and reduced foreign exchange gains, with cash reserves at $0.04 million at year-end.

More about Gold Springs Resource

Gold Springs Resource Corp. is a company focused on the exploration and expansion of gold and silver resources at its Gold Springs project, located on the border of Nevada and Utah, USA, within the prolific Great Basin mining region.

YTD Price Performance: 8.33%

Average Trading Volume: 27,698

Technical Sentiment Signal: Buy

Current Market Cap: C$18.4M

Learn more about GRC stock on TipRanks’ Stock Analysis page.

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