Goldstone Resources (LON:GRL) Shares Down 14.8%

Shares of Goldstone Resources Limited (LON:GRLGet Free Report) traded down 14.8% during mid-day trading on Monday . The company traded as low as GBX 0.65 ($0.01) and last traded at GBX 0.70 ($0.01). 2,125,790 shares were traded during mid-day trading, a decline of 24% from the average session volume of 2,812,793 shares. The stock had previously closed at GBX 0.82 ($0.01).

Goldstone Resources Trading Down 14.8 %

The company has a market cap of £4.59 million, a price-to-earnings ratio of -80.10 and a beta of 0.05. The firm’s fifty day moving average price is GBX 1.93 and its 200-day moving average price is GBX 2.09. The company has a debt-to-equity ratio of 85.28, a current ratio of 0.11 and a quick ratio of 0.17.

About Goldstone Resources

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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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