Asiamet Resources Limited (LON:ARS – Get Free Report) traded down 8.5% on Tuesday . The company traded as low as GBX 0.69 ($0.01) and last traded at GBX 0.69 ($0.01). 406,595 shares changed hands during trading, a decline of 69% from the average session volume of 1,311,543 shares. The stock had previously closed at GBX 0.75 ($0.01).
Asiamet Resources Stock Down 8.5 %
The company has a debt-to-equity ratio of 1.54, a current ratio of 3.13 and a quick ratio of 4.32. The company has a market cap of £17.77 million, a PE ratio of -4.67 and a beta of 1.98. The business’s fifty day simple moving average is GBX 0.75 and its two-hundred day simple moving average is GBX 0.76.
Insider Buying and Selling
In other Asiamet Resources news, insider Matthew Doube purchased 564,222 shares of the stock in a transaction that occurred on Tuesday, December 17th. The stock was purchased at an average cost of GBX 1 ($0.01) per share, with a total value of £5,642.22 ($7,019.43). 55.63% of the stock is owned by company insiders.
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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