Asiamet Resources Limited (LON:ARS – Get Free Report)’s share price crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 0.72 ($0.01) and traded as high as GBX 0.83 ($0.01). Asiamet Resources shares last traded at GBX 0.80 ($0.01), with a volume of 1,773,966 shares changing hands.
Asiamet Resources Stock Performance
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 stock has a 50-day moving average price of GBX 0.72 and a 200-day moving average price of GBX 0.78. The firm has a market capitalization of £20.72 million, a PE ratio of -4.67 and a beta of 1.98.
Insider Buying and Selling at Asiamet Resources
In other news, insider Matthew Doube acquired 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 ($7,076.66). 55.63% of the stock is currently owned by corporate insiders.
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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