Asiamet Resources Limited (LON:ARS) Insider Matthew Doube Buys 564,222 Shares

Asiamet Resources Limited (LON:ARS) insider Matthew Doube purchased 564,222 shares of the firm’s stock in a transaction that occurred on Tuesday, December 17th. The shares were acquired at an average price of GBX 1 ($0.01) per share, for a total transaction of £5,642.22 ($7,158.36).

Asiamet Resources Stock Performance

Shares of LON:ARS opened at GBX 0.85 ($0.01) on Tuesday. The business has a fifty day moving average of GBX 0.70 and a 200-day moving average of GBX 0.80. The firm has a market cap of £21.96 million, a PE ratio of -4.67 and a beta of 1.98. The company has a debt-to-equity ratio of 1.54, a quick ratio of 4.32 and a current ratio of 3.13. Asiamet Resources Limited has a twelve month low of GBX 0.50 ($0.01) and a twelve month high of GBX 1.60 ($0.02).

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.