Goldstone Resources Limited (LON:GRL – Get Free Report)’s share price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 0.52 and traded as low as GBX 0.36. Goldstone Resources shares last traded at GBX 0.36, with a volume of 670,708 shares changing hands.
Goldstone Resources Price Performance
The company’s 50-day simple moving average is GBX 0.45 and its 200-day simple moving average is GBX 0.52. The company has a debt-to-equity ratio of 121.33, a current ratio of 0.22 and a quick ratio of 0.17. The stock has a market capitalization of £3.42 million, a price-to-earnings ratio of -0.60 and a beta of 0.26.
Goldstone Resources Company Profile
GoldStone Resources Limited (AIM: GRL) is a gold exploration and development Company focused on developing the Akrokeri-Homase project in on the highly prospective Ashanti Gold belt in south-western Ghana.
The Company’s flagship asset, the Akrokeri-Homase project, hosts a JORC Code compliant 602,000 oz gold resource at an average grade of 1.77 g/t, concentrated within a 4km zone along the Homase Trend.
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