Richland Resources Ltd (RLD.L) (LON:RLD) Stock Price Passes Below 200 Day Moving Average of $2.62

Shares of Richland Resources Ltd (RLD.L) (LON:RLD) passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 2.62 ($0.03) and traded as low as GBX 2.53 ($0.03). Richland Resources Ltd (RLD.L) shares last traded at GBX 2.63 ($0.03), with a volume of 149,408 shares trading hands.

Richland Resources Ltd (RLD.L) Price Performance

The company has a quick ratio of 0.34, a current ratio of 0.34 and a debt-to-equity ratio of 244.12. The business’s 50-day simple moving average is GBX 2.62 and its 200-day simple moving average is GBX 2.62. The stock has a market cap of £29.09 million and a PE ratio of -2.60.

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.