GRL.L Stock Analysis
GR
Uncovered
GoldStone Resources Ltd is uncovered by Eyestock quantitative analysis.
Rating
To assess the quality of a company's business, we have collected all financial data from the statements and presented them in the form of a single number - the company's rating. Rating value of 100 is the threshold for determining a viable investment.
Low score
GoldStone Resources Ltd. is an exploration and development company focused on the gold projects. The firm focused on bringing the Homase Mine within its Akrokeri-Homase Gold Project (AKHM) in Ghana. The Project holds two mines, the high-grade Akrokeri underground mine (the Akrokeri Mine) and the Homase open pit mine (Homase Open Pit). The firm holds a 100% interest in the Akrokeri licence. The licence is located approximately six km along strike from AngloGold Ashanti’s Obuasi Mine, which has a resource in excess of 70M oz Au. The company holds a 90% interest in the Homase licence. The Homase Open Pit is located approximately 12 km along strike from AngloGold Ashanti’s Obuasi Mine. The firm operates through two segments. Exploration segment is presented as an aggregation of the Homase and Akrokeri licenses (Ghana). Corporate segment includes the holding company costs in respect of managing the Company.