Shares of Goldstone Resources Limited (LON:GRL – Get Free Report) were up 9% during mid-day trading on Thursday . The company traded as high as GBX 1.20 ($0.02) and last traded at GBX 1.12 ($0.01). Approximately 23,974,371 shares were traded during mid-day trading, an increase of 485% from the average daily volume of 4,101,628 shares. The stock had previously closed at GBX 1.03 ($0.01).
Goldstone Resources Stock Up 17.1 %
The company has a 50 day moving average of GBX 1.17 and a 200-day moving average of GBX 1.18. 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 market cap of £13.51 million, a P/E ratio of -5.70 and a beta of 0.26.
About Goldstone Resources
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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