Goldstone Resources (LON:GRL) Trading Down 10.4% – Should You Sell?

Shares of Goldstone Resources Limited (LON:GRLGet Free Report) were down 10.4% on Friday . The stock traded as low as GBX 1.03 ($0.01) and last traded at GBX 1.03 ($0.01). Approximately 5,714,871 shares traded hands during trading, a decline of 28% from the average daily volume of 7,926,939 shares. The stock had previously closed at GBX 1.15 ($0.01).

Goldstone Resources Trading Down 10.4 %

The business has a fifty day moving average of GBX 1.16 and a 200-day moving average of GBX 1.12. The stock has a market capitalization of £11.60 million, a price-to-earnings ratio of -4.89 and a beta of 0.26. The company has a debt-to-equity ratio of 121.33, a current ratio of 0.22 and a quick ratio of 0.17.

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.

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