Goldstone Resources (LON:GRL) Trading Down 8.7% – What’s Next?

Shares of Goldstone Resources Limited (LON:GRLGet Free Report) dropped 8.7% on Friday . The stock traded as low as GBX 1.21 ($0.02) and last traded at GBX 1.21 ($0.02). Approximately 424,094 shares traded hands during trading, a decline of 86% from the average daily volume of 3,134,327 shares. The stock had previously closed at GBX 1.33 ($0.02).

Goldstone Resources Trading Down 2.9 %

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 business’s 50-day simple moving average is GBX 1.09 and its two-hundred day simple moving average is GBX 1.19. The firm has a market capitalization of £9.17 million, a price-to-earnings ratio of -159.60 and a beta of 0.26.

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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