Goldstone Resources (LON:GRL) Trading Down 9.6% – Time to Sell?

Goldstone Resources Limited (LON:GRLGet Free Report)’s stock price traded down 9.6% during trading on Wednesday . The stock traded as low as GBX 1.50 ($0.02) and last traded at GBX 1.56 ($0.02). 3,385,744 shares traded hands during mid-day trading, an increase of 8% from the average session volume of 3,134,327 shares. The stock had previously closed at GBX 1.73 ($0.02).

Goldstone Resources Stock Performance

The stock’s fifty day moving average price is GBX 1.04 and its two-hundred day moving average price is GBX 1.33. The company has a market cap of £10.70 million, a P/E ratio of -159.60 and a beta of 0.26. The company has a debt-to-equity ratio of 121.33, a quick ratio of 0.17 and a current ratio of 0.22.

Goldstone Resources Company Profile

(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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