Goldstone Resources (LON:GRL) Shares Pass Below 200-Day Moving Average – Here’s What Happened

Goldstone Resources Limited (LON:GRLGet Free Report)’s stock price crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 1.18 ($0.01) and traded as low as GBX 1.01 ($0.01). Goldstone Resources shares last traded at GBX 1.03 ($0.01), with a volume of 53,159,711 shares traded.

Goldstone Resources Price Performance

The stock has a market capitalization of £11.81 million, a PE ratio of -4.98 and a beta of 0.26. The stock’s 50 day moving average price is GBX 1.17 and its 200-day moving average price is GBX 1.18. The company has a quick ratio of 0.17, a current ratio of 0.22 and a debt-to-equity ratio of 121.33.

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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