Goldstone Resources (LON:GRL) Reaches New 1-Year High at $6.50

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Goldstone Resources Ltd (LON:GRL) shares hit a new 52-week high on Thursday . The stock traded as high as GBX 6.50 ($0.08) and last traded at GBX 2.97 ($0.04), with a volume of 170059 shares trading hands. The stock had previously closed at GBX 2.97 ($0.04).

The company’s 50 day moving average price is GBX 2.63 and its 200-day moving average price is GBX 2.15. The company has a market capitalization of $11.13 million and a PE ratio of -14.83. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 10.70.

About Goldstone Resources (LON:GRL)

Goldstone Resources Limited is engaged in the exploration and mining of gold and associated elements. The Company operates through two segments: exploration and corporate. Its exploration segment includes Homase and Akrokerri licenses (Ghana), the Manso Amenfi license (Ghana), the Sangola license (Senegal), the Oyem license (Gabon) and the Ngoutou license (Gabon).

Further Reading: Growth Stocks, What They Are, What They Are Not

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