Goldstone Resources (LON:GRL) Shares Cross Below 200 Day Moving Average – Time to Sell?

Goldstone Resources Limited (LON:GRL – Get Free Report)’s share price passed below its 200-day moving average during trading on Friday. The stock has a 200-day moving average of GBX 0.67 and traded as low as GBX 0.50. Goldstone Resources shares last traded at GBX 0.55, with a volume of 1,635,449 shares changing hands.

Goldstone Resources Price Performance

The company has a market capitalization of £9.23 million, a P/E ratio of -0.55 and a beta of 0.62. The company has a current ratio of 0.48, a quick ratio of 0.17 and a debt-to-equity ratio of 54.08. The business’s fifty day moving average price is GBX 0.56 and its 200-day moving average price is GBX 0.67.

Goldstone Resources Company Profile

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