Richland Resources (RLD) Shares Down 11.3%

Richland Resources Ltd (LON:RLD)’s share price fell 11.3% during mid-day trading on Wednesday . The company traded as low as GBX 0.07 ($0.00) and last traded at GBX 0.07 ($0.00). 9,895,554 shares traded hands during trading, an increase of 3,664% from the average session volume of 262,880 shares. The stock had previously closed at GBX 0.08 ($0.00).

The stock has a market capitalization of $404,000.00 and a PE ratio of -0.09. The company has a debt-to-equity ratio of 26.35, a current ratio of 1.00 and a quick ratio of 0.34.

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Richland Resources Company Profile (LON:RLD)

Richland Resources Ltd, together with its subsidiaries, engages in the exploration, development, marketing, and sale of colored gemstones. The company primarily focuses on mining Capricorn sapphires. It holds interest in Capricorn Sapphire project that comprise various tenements covering an area of approximately 494 hectares located in Queensland, Australia.

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