Richland Resources (LON:RLD) Stock Passes Below 50-Day Moving Average of $0.16
Richland Resources Ltd (LON:RLD)’s stock price passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $0.16 and traded as low as $0.10. Richland Resources shares last traded at $0.12, with a volume of 89,995,356 shares trading hands.
The company has a quick ratio of 0.01, a current ratio of 0.83 and a debt-to-equity ratio of 244.12. The company’s 50 day moving average is GBX 0.16 and its 200 day moving average is GBX 0.09. The firm has a market capitalization of $864,000.00 and a price-to-earnings ratio of -1.15.
About Richland Resources (LON:RLD)
Richland Resources Ltd, together with its subsidiaries, engages in the exploration, development, marketing, and sale of colored gemstones. The company primarily focuses on mining Capricorn sapphires. It holds interest in Capricorn Sapphire project that comprise various tenements covering an area of approximately 494 hectares located in Queensland, Australia.
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