Shares of Asiamet Resources Limited (LON:ARS – Get Free Report) passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 0.78 ($0.01) and traded as low as GBX 0.75 ($0.01). Asiamet Resources shares last traded at GBX 0.75 ($0.01), with a volume of 103,841 shares.
Asiamet Resources Stock Performance
The stock’s 50-day moving average is GBX 0.78 and its two-hundred day moving average is GBX 0.75. The stock has a market cap of £28.57 million, a PE ratio of -4.63 and a beta of 1.98.
Insider Transactions at Asiamet Resources
In other news, insider Matthew Doube acquired 564,222 shares of the business’s stock in a transaction that occurred on Tuesday, December 17th. The shares were purchased at an average price of GBX 1 ($0.01) per share, for a total transaction of £5,642.22 ($7,128.52). Company insiders own 55.63% of the company’s stock.
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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