Asiamet Resources Limited (LON:ARS – Get Free Report)’s stock price dropped 11.5% on Thursday . The stock traded as low as GBX 1.15 ($0.01) and last traded at GBX 1.15 ($0.01). Approximately 9,308,753 shares traded hands during mid-day trading, an increase of 225% from the average daily volume of 2,860,270 shares. The stock had previously closed at GBX 1.30 ($0.02).
Asiamet Resources Trading Up 7.0 %
The firm has a market capitalization of £31.86 million, a PE ratio of -4.67 and a beta of 1.99. The stock’s 50-day simple moving average is GBX 0.71 and its 200-day simple moving average is GBX 0.77. The company has a debt-to-equity ratio of 1.54, a quick ratio of 4.32 and a current ratio of 3.64.
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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