Goldstone Resources (LON:GRL) Trading Down 13.9% – Here’s Why

Shares of Goldstone Resources Limited (LON:GRLGet Free Report) dropped 13.9% during mid-day trading on Thursday . The stock traded as low as GBX 0.60 and last traded at GBX 0.60. Approximately 2,818,463 shares were traded during trading, a decline of 75% from the average daily volume of 11,369,092 shares. The stock had previously closed at GBX 0.70.

Goldstone Resources Price Performance

The company has a 50 day moving average of GBX 0.86 and a 200-day moving average of GBX 0.60. The stock has a market capitalization of £7.66 million, a P/E ratio of -0.96 and a beta of 0.80. The company has a quick ratio of 0.17, a current ratio of 0.37 and a debt-to-equity ratio of 50.12.

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