Goldstone Resources Limited (LON:GRL – Get Free Report) rose 11.1% on Wednesday . The company traded as high as GBX 0.50 ($0.01) and last traded at GBX 0.50 ($0.01). Approximately 1,602,920 shares changed hands during mid-day trading, a decline of 81% from the average daily volume of 8,230,781 shares. The stock had previously closed at GBX 0.45 ($0.01).
Goldstone Resources Trading Up 24.2%
The firm has a market capitalization of £5.60 million, a PE ratio of -84.29 and a beta of 0.26. 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 company has a fifty day moving average of GBX 0.49 and a 200-day moving average of GBX 0.74.
Goldstone Resources Company Profile
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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