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Toronto Stock Exchange · Basic Materials

Invest in Gold Springs Resource stock from India

Indian and foreign residents can buy Gold Springs Resource (GRC) shares directly through Paasa.

By Paasa · Updated

Gold Springs Resource at a glance

Price
CA$0.06-CA$0.01 (8.33%)
Market cap
CA$15.57M
Day range
CA$0.06 – CA$0.06
P/E
-17.68
Dividend yield
None
Volume
1.00K
1 month
-26.67%
6 months
-38.89%
YTD
-31.25%
1 year
-35.29%
5 years
-72.50%

Live chart and statistics

Gold Springs Resource statements, FY2021–FY2025

Fiscal year20252024202320222021
Revenue$0.0$0.0$0.0$0.0$0.0
Gross profit−$44.7K−$56.6K−$69.6K−$53.8K−$40.9K
Operating income−$636.7K−$496.8K−$539.0K−$1.0M−$1.5M
Net income−$661.7K−$677.0K−$642.0K−$1.2M$1.1M
Earnings per share−$0.00−$0.00−$0.00−$0.00$0.00
EBITDA−$592.0K−$497.0K−$539.0K−$1.0M−$1.5M
Total assets$27.2M$26.2M$25.8M$25.8M$25.2M
Total debt$29.2K$27.8K$30.2K$29.5K$31.6K
Cash and short-term investments$52.8K$36.0K$84.6K$278.0K$3.8M
Shareholders' equity$24.1M$24.7M$25.2M$24.3M$24.6M
Operating cash flow−$212.9K−$253.8K−$408.9K−$460.0K−$942.3K
Free cash flow−$212.9K−$253.8K−$1.6M−$623.8K−$1.2M
Capital expenditure$0.0−$561.1K−$1.2M−$163.7K−$237.6K

Fiscal years as reported, the latest ending 31 Dec 2025. Figures in USD; a dash means the provider reported nothing for that line.

Peer comparison

CompanyTickerPriceMarket cap
McFarlane Lake MiningMLM.NECA$0.61CA$165.04M
Emperor MetalsAUOZ.CN$0.59$114.96M
Sirios ResourcesSOI.VCA$0.23CA$88.85M
Lake Victoria GoldLVG.VCA$0.31CA$61.84M
Klondike GoldKG.VCA$0.16CA$43.11M
Delta ResourcesDLTA.VCA$0.23CA$36.73M
Viva GoldVAU.VCA$0.21CA$36.14M
Irving ResourcesIRV.CN$0.28$27.26M

Peers as grouped by the data provider. This is not an investment recommendation.

How to invest in Gold Springs Resource from India

  1. Step 1

    Open your Paasa account

    KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.

  2. Step 2

    Add funds from your Indian bank account

    Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit, and Interactive Brokers converts the dollars to CAD when you buy.

  3. Step 3

    Search GRC and buy

    Find Gold Springs Resource by name or by its ticker, GRC, and place your order.

Why invest in Gold Springs Resource from India

What Gold Springs Resource does

Gold Springs Resource Corp. is an enterprise focused on identifying, exploring, and advancing mineral properties within the United States, with a particular emphasis on gold and silver deposits. Its flagship asset is the Gold Springs gold-silver project, which it wholly owns. Gold Springs Resource operates in the Gold industry within the Basic Materials sector.

Paasa handles the paperwork

Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.

Frequently asked questions

Can I buy Gold Springs Resource stock from India?

Yes. Indian residents and NRIs can buy Gold Springs Resource (GRC) shares directly through Paasa. Gold Springs Resource is listed on the Toronto Stock Exchange, in the Gold industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.

What tax do I pay in India when I sell Gold Springs Resource shares?

In India, gains on shares held for more than 24 months are long-term and taxed at 12.5%, and gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the CAD/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.

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