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The latest announcement is out from Goldstone Resources ( (GB:GRL) ).
GoldStone Resources has secured an amendment to its gold loan agreement with Asian Investment Management Services, extending the loan’s maturity by a year to 31 December 2026 and freezing interest payments for six months to 30 June 2026. Management frames the revised terms as a supportive move by its major creditor that eases near-term cash flow pressures at the Homase Mine, enhances working capital flexibility in a favourable gold price environment, and gives the company more headroom to stabilise operations and advance its wider development plans in Ghana.
The most recent analyst rating on (GB:GRL) stock is a Hold with a £0.54 price target. To see the full list of analyst forecasts on Goldstone Resources stock, see the GB:GRL Stock Forecast page.
Spark’s Take on GB:GRL Stock
According to Spark, TipRanks’ AI Analyst, GB:GRL is a Neutral.
The score is primarily held back by weak financial performance—losses, deteriorating gross margin, negative free cash flow, and rising leverage—despite very strong revenue growth. Technicals provide some near-term support with price above key short/mid-term averages and positive MACD, but the very high RSI and position below the 200-day average temper the outlook. Valuation is also constrained by a negative P/E and no stated dividend yield.
To see Spark’s full report on GB:GRL stock, click here.
More about Goldstone Resources
GoldStone Resources Limited is an AIM-quoted mining and development company focused on gold projects in Ghana, with assets ranging from grassroots exploration to production. Its flagship Akrokeri-Homase project in south-western Ghana hosts a JORC-compliant 602,000oz gold resource along a 4km stretch of the Homase Trend, incorporating Homase North, Homase Pit and Homase South. The project area includes two historic producers, Akrokerri Ashanti Mine and Homase Pit, and current production is centred on the Homase Mine, with the company aiming to build a broader portfolio of high-quality gold assets along the Ashanti Gold Belt.
Average Trading Volume: 2,868,946
Technical Sentiment Signal: Sell
Current Market Cap: £5.22M
See more data about GRL stock on TipRanks’ Stock Analysis page.