Asiamet Resources Limited (LON:ARS – Get Free Report)’s stock price was up 13.1% during trading on Wednesday . The stock traded as high as GBX 1.30 ($0.02) and last traded at GBX 1.30 ($0.02). Approximately 11,324,527 shares changed hands during mid-day 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 Price Performance
The firm has a 50-day simple moving average of GBX 0.72 and a two-hundred day simple moving average of GBX 0.78. The company has a market capitalization of £32.82 million, a price-to-earnings ratio of -4.67 and a beta of 1.99. The company has a current ratio of 3.64, a quick ratio of 4.32 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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