Goldstone Resources (LON:GRL) Shares Pass Below 200 Day Moving Average of $7.79

Goldstone Resources Limited (LON:GRLGet Rating)’s stock price crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 7.79 ($0.09) and traded as low as GBX 7.75 ($0.09). Goldstone Resources shares last traded at GBX 7.80 ($0.09), with a volume of 270,243 shares trading hands.

Goldstone Resources Stock Performance

The firm has a market cap of ¬£38.41 million and a P/E ratio of -26.00. The company has a debt-to-equity ratio of 34.64, a quick ratio of 0.08 and a current ratio of 0.37. The company’s 50 day moving average is GBX 6.40 and its 200 day moving average is GBX 7.79.

About Goldstone Resources

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Goldstone Resources Limited, through its subsidiaries, engages in the exploration and development of gold and associated elements in West and Central Africa. It holds 100% interest in the Akrokeri-Homase Gold project located in Ghana. The company was incorporated in 1998 and is based in Saint Helier, Jersey.

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