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 1.14 ($0.01) and traded as low as GBX 1.13 ($0.01). Goldstone Resources shares last traded at GBX 1.25 ($0.02), with a volume of 2,886,331 shares traded.

Goldstone Resources Stock Down 2.0 %

The company has a quick ratio of 0.17, a current ratio of 0.22 and a debt-to-equity ratio of 121.33. The company has a market capitalization of £8.74 million, a PE ratio of -159.60 and a beta of 0.26. The company’s 50 day moving average is GBX 1.14 and its two-hundred day moving average is GBX 1.14.

About Goldstone Resources

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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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