Shares of Asiamet Resources Limited (LON:ARS – Get Free Report) crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 0.77 ($0.01) and traded as low as GBX 0.77 ($0.01). Asiamet Resources shares last traded at GBX 0.77 ($0.01), with a volume of 4,820,475 shares traded.
Asiamet Resources Price Performance
The stock has a market capitalization of £19.89 million, a price-to-earnings ratio of -4.67 and a beta of 1.98. The company has a quick ratio of 4.32, a current ratio of 3.13 and a debt-to-equity ratio of 1.54. The stock has a fifty day moving average of GBX 0.77 and a 200-day moving average of GBX 0.75.
Insider Transactions at Asiamet Resources
In other news, insider Matthew Doube bought 564,222 shares of the business’s stock in a transaction dated Tuesday, December 17th. The shares were acquired at an average price of GBX 1 ($0.01) per share, for a total transaction of £5,642.22 ($7,022.93). Insiders own 55.63% of the company’s stock.
Asiamet Resources Company Profile
Asiamet Resources Limited, together with its subsidiaries, engages in the exploration and development of mineral properties in Indonesia. The company explores for copper, gold, zinc, lead, and silver deposits. Its flagship project is the BKM copper project, which covers an area of 390 square kilometers located in Kalimantan.
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