Richland Resources Ltd (RLD.L) (LON:RLD) Share Price Passes Below Two Hundred Day Moving Average of $2.62

Richland Resources Ltd (RLD.L) (LON:RLD – Get Rating)’s stock price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 2.62 ($0.03) and traded as low as GBX 2.53 ($0.03). Richland Resources Ltd (RLD.L) shares last traded at GBX 2.63 ($0.03), with a volume of 149,408 shares changing hands.

Richland Resources Ltd (RLD.L) Price Performance

The firm has a market cap of £29.09 million and a price-to-earnings ratio of -2.60. The business’s 50-day simple moving average is GBX 2.62 and its two-hundred day simple moving average is GBX 2.62. The company has a current ratio of 0.34, a quick ratio of 0.34 and a debt-to-equity ratio of 244.12.

About Richland Resources Ltd (RLD.L)

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Richland Resources Ltd does not have significant operations. Previously, it was engaged in the mining, distribution, and sale of colored gemstones. The company was formerly known as TanzaniteOne Limited. Richland Resources Ltd is based in Hamilton, Bermuda.