Goldstone Resources (GRL) Share Price, News & Analysis

Company Overview

GoldStone Resources Limited (AIM: GRL) is an AIM quoted gold exploration and development company. The Company is focused on developing the Akrokeri-Homase project in south-western Ghana, which hosts a JORC Code compliant 602,000 oz gold resource at an average grade of 1.77 g/t. The existing resource is confined to a 4km zone of the Homase Trend, including Homase North, Homase Pit and Homase South. The project hosts two former mines, the Akrokeri Ashanti Mine Ltd, which produced 75,000 oz gold at 24 g/t recovered grade in the early 1900s, and the Homase Pit which AngloGold Ashanti developed in 2002/03 producing 52,500 oz gold at 2.5 g/t recovered. It is the Company's intention to build a portfolio of high-quality gold projects in Ghana, with a particular focus on the highly prospective Ashanti Gold Belt.

Key Stats

• Today's Range: 0.53 to 0.60
• 50-Day Range: 0.52 to 1.08
• 52-Week Range: 0.45 to 2.10
• Volume: 54,989 shs
• Average Volume: 9.19 million shs
• Market Capitalization: £6.27 million
• P/E Ratio: N/A
• Dividend Yield: 3.81%
• Price Target: N/A
• Consensus Rating: N/A

GRL Stock Analysis - Frequently Asked Questions

How have GRL shares performed this year?

Goldstone Resources' stock was trading at GBX 1.18 at the start of the year. Since then, GRL shares have decreased by 49.2% and is now trading at GBX 0.60.

How do I buy shares of Goldstone Resources?

Shares of GRL stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.

What other stocks do shareholders of Goldstone Resources own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Goldstone Resources investors own include B&M European Value Retail (BME), Coats Group (COA), 4D pharma (DDDD), genedrive (GDR), Greencore Group (GNC), Intel (INTC) and IQE (IQE).

Industry, Sector and Symbol

• Stock Exchange: LON
• Sector: Basic Materials
• Industry: Gold
• Sub-Industry: Real Estate
• Current Symbol: LON:GRL
• CIK: N/A
• Web: www.goldstoneresources.com
• Phone: +27-21-7944004
• Fax: N/A
• Employees: 30
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): GBX (0.21)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -£2.97 million
• Net Margins: -30.21%
• Pretax Margin: N/A
• Return on Equity: -16.73%
• Return on Assets: 4.38%

Debt

• Debt-to-Equity Ratio: 121.33
• Current Ratio: 0.22
• Quick Ratio: 0.17

Sales & Book Value

• Annual Sales: £9.82 million
• Price / Sales: 0.61
• Cash Flow: GBX 0.03 per share
• Price / Cash Flow: 15.57
• Book Value: GBX 1.39 per share
• Price / Book: 0.38

Miscellaneous

• Outstanding Shares: 1,126,222,760
• Free Float: N/A
• Market Cap: £5.98 million
• Optionable: Not Optionable
• Beta: 0.26