Goldstone Resources (LON:GRL) Trading Down 14.8%

Shares of Goldstone Resources Limited (LON:GRLGet Free Report) dropped 14.8% during trading on Monday . The stock traded as low as GBX 0.65 ($0.01) and last traded at GBX 0.70 ($0.01). Approximately 2,125,790 shares were traded during mid-day trading, a decline of 24% from the average daily volume of 2,812,793 shares. The stock had previously closed at GBX 0.82 ($0.01).

Goldstone Resources Price Performance

The firm’s 50-day moving average price is GBX 1.91 and its 200 day moving average price is GBX 2.08. The company has a current ratio of 0.11, a quick ratio of 0.17 and a debt-to-equity ratio of 85.28. The company has a market capitalization of £4.76 million, a price-to-earnings ratio of -72.00 and a beta of 0.05.

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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