Goldstone Resources (LON:GRL) Stock Price Up 15.7% – Here’s What Happened

Goldstone Resources Limited (LON:GRLGet Free Report)’s share price was up 15.7% during mid-day trading on Wednesday . The stock traded as high as GBX 0.43 and last traded at GBX 0.43. Approximately 1,200,500 shares changed hands during trading, a decline of 84% from the average daily volume of 7,713,218 shares. The stock had previously closed at GBX 0.38.

Goldstone Resources Trading Up 2.2%

The company has a debt-to-equity ratio of 121.33, a current ratio of 0.22 and a quick ratio of 0.17. The business’s 50 day moving average is GBX 0.46 and its 200 day moving average is GBX 0.61. The stock has a market cap of £4.37 million, a price-to-earnings ratio of -0.77 and a beta of 0.26.

About Goldstone Resources

(Get Free Report)

GoldStone Resources Limited (AIM: GRL) is a gold exploration and development Company focused on developing the Akrokeri-Homase project in on the highly prospective Ashanti Gold belt in south-western Ghana.
The Company’s flagship asset, the Akrokeri-Homase project, hosts a JORC Code compliant 602,000 oz gold resource at an average grade of 1.77 g/t, concentrated within a 4km zone along the Homase Trend.

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