Hamak Gold (LON:HAMA) Stock Price Down 8.2% – Here’s Why

Hamak Gold Limited (LON:HAMAGet Free Report) traded down 8.2% during mid-day trading on Friday . The stock traded as low as GBX 1.10 and last traded at GBX 1.10. 213,625 shares were traded during mid-day trading, a decline of 93% from the average session volume of 3,224,759 shares. The stock had previously closed at GBX 1.20.

Hamak Gold Price Performance

The company has a market cap of £5.12 million, a PE ratio of -0.57 and a beta of 0.20. The company has a 50-day moving average price of GBX 1.28 and a two-hundred day moving average price of GBX 2.14.

Insider Transactions at Hamak Gold

In other news, insider Nicholas Karl Smithson acquired 947,965 shares of the business’s stock in a transaction on Friday, December 5th. The shares were purchased at an average price of GBX 1 per share, for a total transaction of £9,479.65. 21.87% of the stock is owned by company insiders.

Hamak Gold Company Profile

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Hamak Strategy Ltd. (LSE: HAMA / OTCQB: HASTF), a Company combining traditional gold exploration in Africa with a Digital Asset Treasury Management strategy.

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