Richland Resources Ltd (RLD.L) (LON:RLD) Share Price Passes Above 50-Day Moving Average of $2.62

Richland Resources Ltd (RLD.L) (LON:RLD)’s stock price crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 2.62 ($0.03) and traded as high as GBX 2.70 ($0.03). Richland Resources Ltd (RLD.L) shares last traded at GBX 2.63 ($0.03), with a volume of 149,408 shares traded.

Richland Resources Ltd (RLD.L) Trading Down 36.7 %

The company has a market capitalization of £29.09 million and a price-to-earnings ratio of -2.60. The company has a debt-to-equity ratio of 244.12, a current ratio of 0.34 and a quick ratio of 0.34. The business’s 50-day moving average price is GBX 2.62 and its two-hundred day moving average price is GBX 2.62.

Richland Resources Ltd (RLD.L) Company Profile

Richland Resources Ltd does not have significant operations. Previously, it was engaged in the mining, distribution, and sale of colored gemstones. The company was formerly known as TanzaniteOne Limited. Richland Resources Ltd is based in Hamilton, Bermuda.