Asiamet Resources (LON:ARS) Stock Price Passes Below 50-Day Moving Average of $0.89

Asiamet Resources Limited (LON:ARSGet Free Report)’s share price crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 0.89 ($0.01) and traded as low as GBX 0.76 ($0.01). Asiamet Resources shares last traded at GBX 0.78 ($0.01), with a volume of 36,285 shares.

Asiamet Resources Price Performance

The company has a quick ratio of 4.32, a current ratio of 7.54 and a debt-to-equity ratio of 1.54. The firm has a market capitalization of £20.72 million, a PE ratio of -4.67 and a beta of 1.99. The firm’s fifty day simple moving average is GBX 0.88 and its 200-day simple moving average is GBX 0.85.

Asiamet Resources Company Profile

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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.

Further Reading

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