Goldstone Resources (LON:GRL) Share Price Crosses Below 200-Day Moving Average – What’s Next?

Goldstone Resources Limited (LON:GRLGet Free Report)’s stock price passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 1.12 ($0.01) and traded as low as GBX 0.85 ($0.01). Goldstone Resources shares last traded at GBX 0.92 ($0.01), with a volume of 12,729,645 shares traded.

Goldstone Resources Trading Down 0.6%

The business has a fifty day moving average of GBX 1.06 and a 200-day moving average of GBX 1.12. 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 company has a market capitalization of £10.08 million, a P/E ratio of -4.25 and a beta of 0.26.

Goldstone Resources Company Profile

(Get Free Report)

GoldStone Resources Limited (AIM: GRL) is an AIM quoted gold exploration and development company.
The Company is focused on developing the Akrokeri-Homase project in south-western Ghana, which hosts a JORC Code compliant 602,000 oz gold resource at an average grade of 1.77 g/t. The existing resource is confined to a 4km zone of the Homase Trend, including Homase North, Homase Pit and Homase South.

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