Goldstone Resources (LON:GRL) Trading Up 11.5% – Here’s What Happened

Goldstone Resources Limited (LON:GRLGet Free Report) rose 11.5% during mid-day trading on Thursday . The company traded as high as GBX 1.70 ($0.02) and last traded at GBX 1.70 ($0.02). Approximately 3,324,118 shares traded hands during mid-day trading, an increase of 6% from the average daily volume of 3,134,327 shares. The stock had previously closed at GBX 1.53 ($0.02).

Goldstone Resources Stock Performance

The stock’s 50-day moving average price is GBX 1.04 and its 200 day moving average price is GBX 1.33. The firm has a market cap of £12.13 million, a P/E ratio of -159.60 and a beta of 0.26. The company has a debt-to-equity ratio of 121.33, a current ratio of 0.22 and a quick ratio of 0.17.

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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