Goldstone Resources (LON:GRL) Share Price Crosses Above 200 Day Moving Average – What’s Next?

Goldstone Resources Limited (LON:GRLGet Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 1.12 ($0.01) and traded as high as GBX 1.25 ($0.02). Goldstone Resources shares last traded at GBX 1.14 ($0.01), with a volume of 3,649,550 shares traded.

Goldstone Resources Trading Down 9.6 %

The company has a 50 day moving average of GBX 1.16 and a two-hundred day moving average of GBX 1.12. The stock has a market cap of £11.71 million, a PE ratio of -4.94 and a beta of 0.26. The company has a debt-to-equity ratio of 121.33, a quick ratio of 0.17 and a current ratio of 0.22.

About Goldstone Resources

(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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