Goldstone Resources (LON:GRL) Stock Price Up 2.8% – Time to Buy?

Goldstone Resources Limited (LON:GRLGet Free Report) shares rose 2.8% during trading on Thursday . The company traded as high as GBX 0.95 ($0.01) and last traded at GBX 0.95 ($0.01). Approximately 1,660,728 shares were traded during mid-day trading, a decline of 80% from the average daily volume of 8,238,976 shares. The stock had previously closed at GBX 0.93 ($0.01).

Goldstone Resources Stock Up 7.5 %

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 stock has a 50-day simple moving average of GBX 1.12 and a two-hundred day simple moving average of GBX 1.11. The firm has a market cap of £12.11 million, a PE ratio of -5.10 and a beta of 0.26.

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.

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