Goldstone Resources (LON:GRL) Shares Pass Above 200-Day Moving Average – Should You Sell?

Goldstone Resources Limited (LON:GRLGet Free Report) shares passed 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.

Goldstone Resources Price Performance

The stock has a market capitalization of £12.84 million, a price-to-earnings ratio of -5.41 and a beta of 0.26. The company has a quick ratio of 0.17, a current ratio of 0.22 and a debt-to-equity ratio of 121.33. The business has a 50-day simple moving average of GBX 1.16 and a two-hundred day simple moving average of GBX 1.12.

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.

Featured Articles

Receive News & Ratings for Goldstone Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Goldstone Resources and related companies with MarketBeat.com's FREE daily email newsletter.