Goldstone Resources (LON:GRL) Trading Down 10.5% – What’s Next?

Shares of Goldstone Resources Limited (LON:GRLGet Free Report) fell 10.5% on Thursday . The stock traded as low as GBX 0.82 ($0.01) and last traded at GBX 0.85 ($0.01). 1,413,278 shares traded hands during trading, a decline of 55% from the average session volume of 3,134,327 shares. The stock had previously closed at GBX 0.95 ($0.01).

Goldstone Resources Stock Up 8.3 %

The business has a 50-day moving average price of GBX 1.06 and a 200-day moving average price of GBX 1.23. The company has a current ratio of 0.22, a quick ratio of 0.17 and a debt-to-equity ratio of 121.33. The stock has a market cap of Ā£6.96 million, a PE ratio of -159.60 and a beta of 0.26.

Goldstone Resources Company Profile

(Get Free Report)

Goldstone Resources Limited, through its subsidiaries, engages in the exploration and mining of gold and associated elements. It holds 100% interest in the Akrokeri project; and 90% interest in the Homase project located in the Akrokeri-Homase Gold Project in Ghana. The company was incorporated in 1998 and is based in Saint Helier, Jersey.

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