Goldstone Resources (LON:GRL) Stock Price Passes Below Two Hundred Day Moving Average – What’s Next?

Shares of Goldstone Resources Limited (LON:GRLGet Free Report) crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 1.40 ($0.02) and traded as low as GBX 0.87 ($0.01). Goldstone Resources shares last traded at GBX 0.90 ($0.01), with a volume of 6,696,021 shares trading hands.

Goldstone Resources Price Performance

The firm has a market capitalization of £6.42 million, a PE ratio of -159.60 and a beta of 0.26. The stock’s 50 day simple moving average is GBX 1.02 and its two-hundred day simple moving average is GBX 1.40. The company has a debt-to-equity ratio of 121.33, a quick ratio of 0.17 and a current ratio of 0.22.

Goldstone Resources Company Profile

(Get Free Report)

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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