Asiamet Resources (LON:ARS) Earns House Stock Rating from Shore Capital

Asiamet Resources (LON:ARS)‘s stock had its “house stock” rating reiterated by investment analysts at Shore Capital in a report issued on Monday, MarketBeat reports.

Asiamet Resources Price Performance

Shares of LON:ARS opened at GBX 0.95 ($0.01) on Monday. The company has a market cap of £35.34 million, a P/E ratio of -5.73 and a beta of 1.98. Asiamet Resources has a 1 year low of GBX 0.50 ($0.01) and a 1 year high of GBX 1.15 ($0.02). The stock’s fifty day moving average price is GBX 0.96 and its 200-day moving average price is GBX 0.90.

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.