Goldstone Resources (LON:GRL) Shares Up 2.8% – Here’s Why

Goldstone Resources Limited (LON:GRLGet Free Report) shares were up 2.8% during trading on Thursday . The company traded as high as GBX 0.95 ($0.01) and last traded at GBX 0.95 ($0.01). Approximately 1,660,728 shares traded hands during trading, a decline of 80% from the average daily volume of 8,238,976 shares. The stock had previously closed at GBX 0.93 ($0.01).

Goldstone Resources Price Performance

The stock has a market capitalization of £10.71 million, a price-to-earnings ratio of -4.52 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 company has a 50-day simple moving average of GBX 1.13 and a two-hundred day simple moving average of GBX 1.11.

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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