Asiamet Resources (LON:ARS) Share Price Passes Above 50 Day Moving Average of $1.01

Asiamet Resources Limited (LON:ARSGet Free Report)’s stock price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 1.01 ($0.01) and traded as high as GBX 1.06 ($0.01). Asiamet Resources shares last traded at GBX 1 ($0.01), with a volume of 1,448,740 shares traded.

Asiamet Resources Trading Down 4.8 %

The business’s 50 day moving average price is GBX 1.01 and its two-hundred day moving average price is GBX 0.83. The company has a debt-to-equity ratio of 1.54, a quick ratio of 4.32 and a current ratio of 7.54. The company has a market capitalization of £25.90 million, a price-to-earnings ratio of -4.67 and a beta of 1.99.

Asiamet Resources Company Profile

(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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