Asiamet Resources (LON:ARS) Shares Pass Above Fifty Day Moving Average of $0.65

Asiamet Resources Limited (LON:ARSGet Free Report) shares passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 0.65 ($0.01) and traded as high as GBX 0.65 ($0.01). Asiamet Resources shares last traded at GBX 0.63 ($0.01), with a volume of 5,587,182 shares trading hands.

Asiamet Resources Price Performance

The stock has a market capitalization of £16.06 million, a P/E ratio of -4.67 and a beta of 2.00. The company has a debt-to-equity ratio of 1.54, a quick ratio of 4.32 and a current ratio of 3.64. The stock has a 50-day simple moving average of GBX 0.65 and a 200 day simple moving average of GBX 0.81.

About Asiamet Resources

(Get Free Report)

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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