Goldstone Resources (LON:GRL) Trading 20.5% Higher – Here’s What Happened

Shares of Goldstone Resources Limited (LON:GRLGet Free Report) were up 20.5% on Monday . The stock traded as high as GBX 1.36 ($0.02) and last traded at GBX 1.18 ($0.01). Approximately 1,936,292 shares changed hands during mid-day trading, a decline of 38% from the average daily volume of 3,134,327 shares. The stock had previously closed at GBX 0.98 ($0.01).

Goldstone Resources Stock Performance

The firm has a market capitalization of £9.42 million, a price-to-earnings ratio of -159.60 and a beta of 0.26. The company has a debt-to-equity ratio of 121.33, a quick ratio of 0.17 and a current ratio of 0.22. The stock’s fifty day moving average is GBX 1.07 and its two-hundred day moving average is GBX 1.20.

About Goldstone Resources

(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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