Bezant Resources (LON:BZT) Trading Down 16%

Bezant Resources Plc (LON:BZT)’s stock price traded down 16% during mid-day trading on Monday . The company traded as low as GBX 0.02 ($0.00) and last traded at GBX 0.02 ($0.00). 2,149,812 shares traded hands during trading, a decline of 95% from the average session volume of 46,798,945 shares. The stock had previously closed at GBX 0.03 ($0.00).

Bezant Resources Stock Down 8.3 %

The stock has a market cap of £2.54 million, a PE ratio of -0.70 and a beta of 1.14. The business has a 50 day moving average of GBX 0.03 and a 200-day moving average of GBX 0.02. The company has a current ratio of 0.91, a quick ratio of 0.42 and a debt-to-equity ratio of 8.80.

Insider Transactions at Bezant Resources

In other Bezant Resources news, insider Colin Bird purchased 15,000,000 shares of Bezant Resources stock in a transaction that occurred on Friday, August 16th. The stock was purchased at an average price of GBX 3 ($0.04) per share, for a total transaction of £450,000 ($601,926.16). Insiders own 18.25% of the company’s stock.

About Bezant Resources

Bezant Resources Plc engages in the exploration, evaluation, and development of mineral resources. It explores for gold, silver, manganese, copper, and other minerals in the United Kingdom, Argentina, Namibia, and Botswana. The company was formerly known as Tanzania Gold Plc and changed its name to Bezant Resources Plc in July 2007.