Goldstone Resources (LON:GRL) Stock Price Up 20.5% – Here’s Why

Goldstone Resources Limited (LON:GRLGet Free Report)’s share price traded up 20.5% on Monday . The stock traded as high as GBX 1.36 ($0.02) and last traded at GBX 1.18 ($0.01). 1,936,292 shares traded hands during mid-day trading, a decline of 38% from the average session volume of 3,134,327 shares. The stock had previously closed at GBX 0.98 ($0.01).

Goldstone Resources Stock Performance

The company has a quick ratio of 0.17, a current ratio of 0.22 and a debt-to-equity ratio of 121.33. The firm has a 50-day moving average price of GBX 1.06 and a two-hundred day moving average price of GBX 1.22. The firm has a market cap of £8.38 million, a PE ratio of -159.60 and a beta of 0.26.

About Goldstone Resources

(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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