Goldstone Resources (LON:GRL) Trading Up 12.5% – Here’s Why

Shares of Goldstone Resources Limited (LON:GRLGet Free Report) were up 12.5% during trading on Thursday . The stock traded as high as GBX 0.45 and last traded at GBX 0.45. Approximately 2,108,272 shares were traded during trading, a decline of 70% from the average daily volume of 6,940,423 shares. The stock had previously closed at GBX 0.40.

Goldstone Resources Stock Performance

The business’s fifty day moving average price is GBX 0.44 and its two-hundred day moving average price is GBX 0.50. The company has a debt-to-equity ratio of 121.33, a quick ratio of 0.17 and a current ratio of 0.22. The stock has a market capitalization of £4.08 million, a P/E ratio of -0.72 and a beta of 0.26.

Goldstone Resources Company Profile

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