Goldstone Resources (LON:GRL) Trading Up 20.6% – Should You Buy?

Goldstone Resources Limited (LON:GRLGet Free Report)’s stock price was up 20.6% on Monday . The company traded as high as GBX 1.45 ($0.02) and last traded at GBX 1.39 ($0.02). Approximately 4,570,572 shares were traded during mid-day trading, an increase of 229% from the average daily volume of 1,389,859 shares. The stock had previously closed at GBX 1.15 ($0.01).

Goldstone Resources Trading Up 25.1 %

The stock has a 50-day simple moving average of GBX 1.16 and a two-hundred day simple moving average of GBX 1.15. The company has a debt-to-equity ratio of 121.33, a quick ratio of 0.17 and a current ratio of 0.22. The firm has a market cap of £10.27 million, a PE 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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