Goldstone Resources (LON:GRL) Stock Passes Below 200-Day Moving Average of $1.72

Goldstone Resources Ltd (LON:GRL) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $1.72 and traded as low as $1.62. Goldstone Resources shares last traded at $1.62, with a volume of 36,775 shares changing hands.

The firm has a market capitalization of $4.25 million and a PE ratio of -5.67. The company has a debt-to-equity ratio of 10.70, a current ratio of 0.95 and a quick ratio of 0.95. The company’s fifty day simple moving average is GBX 1.88 and its 200 day simple moving average is GBX 1.72.

About Goldstone Resources (LON:GRL)

Goldstone Resources Limited is engaged in the exploration and mining of gold and associated elements. The Company operates through two segments: exploration and corporate. Its exploration segment includes Homase and Akrokerri licenses (Ghana), the Manso Amenfi license (Ghana), the Sangola license (Senegal), the Oyem license (Gabon) and the Ngoutou license (Gabon).

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