Asiamet Resources Limited (LON:ARS – Get Free Report)’s share price rose 18% during trading on Tuesday . The company traded as high as GBX 0.84 ($0.01) and last traded at GBX 0.83 ($0.01). Approximately 4,862,942 shares were traded during mid-day trading, an increase of 85% from the average daily volume of 2,624,869 shares. The stock had previously closed at GBX 0.70 ($0.01).
Asiamet Resources Price Performance
The firm has a market capitalization of £21.39 million, a P/E ratio of -4.67 and a beta of 1.98. The business has a 50-day moving average of GBX 0.69 and a 200 day moving average of GBX 0.82. The company has a current ratio of 3.13, a quick ratio of 4.32 and a debt-to-equity ratio of 1.54.
About Asiamet Resources
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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