Goldstone Resources (LON:GRL) Stock Crosses Below 200 Day Moving Average – Here’s What Happened

Goldstone Resources Limited (LON:GRLGet Free Report) shares passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 1.52 ($0.02) and traded as low as GBX 1.01 ($0.01). Goldstone Resources shares last traded at GBX 1.01 ($0.01), with a volume of 1,930,166 shares traded.

Goldstone Resources Trading Up 1.5 %

The company has a debt-to-equity ratio of 121.33, a quick ratio of 0.17 and a current ratio of 0.22. The firm has a 50-day moving average of GBX 1.15 and a 200-day moving average of GBX 1.52. The firm has a market capitalization of £7.31 million, a P/E ratio of -159.60 and a beta of 0.26.

About Goldstone Resources

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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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