Shares of Goldstone Resources Limited (LON:GRL – Get Free Report) traded up 6.1% on Tuesday . The company traded as high as GBX 0.70 ($0.01) and last traded at GBX 0.66 ($0.01). 19,490,553 shares changed hands during mid-day trading, an increase of 112% from the average session volume of 9,203,784 shares. The stock had previously closed at GBX 0.63 ($0.01).
Goldstone Resources Stock Performance
The stock has a fifty day simple moving average of GBX 0.85 and a two-hundred day simple moving average of GBX 1.04. The stock has a market cap of £7.43 million, a price-to-earnings ratio of -3.13 and a beta of 0.26. The company has a debt-to-equity ratio of 121.33, a quick ratio of 0.17 and a current ratio of 0.22.
Goldstone Resources Company Profile
GoldStone Resources Limited (AIM: GRL) is an AIM quoted gold exploration and development company.
The Company is focused on developing the Akrokeri-Homase project in south-western Ghana, which hosts a JORC Code compliant 602,000 oz gold resource at an average grade of 1.77 g/t. The existing resource is confined to a 4km zone of the Homase Trend, including Homase North, Homase Pit and Homase South.
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