Asiamet Resources Limited (LON:ARS – Get Free Report) rose 13.1% during trading on Wednesday . The company traded as high as GBX 1.30 ($0.02) and last traded at GBX 1.30 ($0.02). Approximately 11,324,527 shares traded hands during trading, an increase of 306% from the average daily volume of 2,786,992 shares. The stock had previously closed at GBX 1.15 ($0.01).
Asiamet Resources Stock Performance
The stock has a market capitalization of £32.82 million, a PE ratio of -4.67 and a beta of 1.99. The business’s fifty day moving average is GBX 0.72 and its two-hundred day moving average is GBX 0.78. The company has a quick ratio of 4.32, a current ratio of 3.64 and a debt-to-equity ratio of 1.54.
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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