Goldstone Resources (LON:GRL) Stock Price Crosses Below 200-Day Moving Average – Time to Sell?

Shares of Goldstone Resources Limited (LON:GRLGet Free Report) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 1.14 ($0.01) and traded as low as GBX 1.13 ($0.01). Goldstone Resources shares last traded at GBX 1.25 ($0.02), with a volume of 2,886,331 shares.

Goldstone Resources Stock Performance

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 market capitalization of £8.21 million, a P/E ratio of -159.60 and a beta of 0.26. The business has a fifty day moving average price of GBX 1.16 and a 200-day moving average price of GBX 1.15.

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.

Featured Stories

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.