Goldstone Resources (LON:GRL) Stock Price Crosses Below 200 Day Moving Average – Should You Sell?

Shares of Goldstone Resources Limited (LON:GRLGet Free Report) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 1.52 ($0.02) and traded as low as GBX 1.01 ($0.01). Goldstone Resources shares last traded at GBX 1.01 ($0.01), with a volume of 1,930,166 shares traded.

Goldstone Resources Stock Performance

The firm has a market cap of £7.17 million, a PE ratio of -159.60 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 company has a 50-day simple moving average of GBX 1.13 and a two-hundred day simple moving average of GBX 1.51.

About Goldstone Resources

(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.

Further Reading

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.