Richland Resources Ltd (RLD.L) (LON:RLD) Shares Cross Above Fifty Day Moving Average of $2.62

Richland Resources Ltd (RLD.L) (LON:RLD) shares crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 2.62 ($0.03) and traded as high as GBX 2.70 ($0.04). Richland Resources Ltd (RLD.L) shares last traded at GBX 2.63 ($0.03), with a volume of 149,408 shares changing hands.

Richland Resources Ltd (RLD.L) Trading Down 36.7 %

The company has a debt-to-equity ratio of 244.12, a current ratio of 0.34 and a quick ratio of 0.34. The stock has a market cap of £29.09 million and a P/E ratio of -2.60. The firm’s fifty day moving average price is GBX 2.62 and its two-hundred day moving average price is GBX 2.62.

About Richland Resources Ltd (RLD.L)

Richland Resources Ltd does not have significant operations. Previously, it was engaged in the mining, distribution, and sale of colored gemstones. The company was formerly known as TanzaniteOne Limited. Richland Resources Ltd is based in Hamilton, Bermuda.