Bezant Resources (LON:BZT) Stock Price Down 8.3% – Here’s What Happened

Bezant Resources Plc (LON:BZT)’s share price fell 8.3% on Friday . The stock traded as low as GBX 0.10 and last traded at GBX 0.11. 42,717,723 shares traded hands during trading, a decline of 60% from the average session volume of 105,716,180 shares. The stock had previously closed at GBX 0.12.

Bezant Resources Stock Down 8.3%

The company has a market cap of £19.96 million, a price-to-earnings ratio of 9.17 and a beta of 0.85. The stock has a 50-day simple moving average of GBX 0.11 and a 200-day simple moving average of GBX 0.09. The company has a current ratio of 0.16, a quick ratio of 0.42 and a debt-to-equity ratio of 5.56.

About Bezant Resources

Bezant Resources Plc engages in the exploration, evaluation, and development of mineral resources. It explores for gold, silver, manganese, copper, and other minerals in the United Kingdom, Argentina, Namibia, and Botswana. The company was formerly known as Tanzania Gold Plc and changed its name to Bezant Resources Plc in July 2007. Bezant Resources Plc was incorporated in 1994 and is based in London, the United Kingdom.