Goldstone Resources Limited (LON:GRL – Get Free Report) shares passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 0.57 and traded as low as GBX 0.40. Goldstone Resources shares last traded at GBX 0.40, with a volume of 450,002 shares trading hands.
Goldstone Resources Price Performance
The firm has a market capitalization of £4.27 million, a PE ratio of -0.75 and a beta of 0.26. 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 business’s 50 day moving average is GBX 0.47 and its two-hundred day moving average is GBX 0.56.
About Goldstone Resources
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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