Asiamet Resources Limited (LON:ARS – Get Free Report)’s share price shot up 7.3% during trading on Thursday . The stock traded as high as GBX 1.10 ($0.01) and last traded at GBX 1.10 ($0.01). 7,912,797 shares were traded during mid-day trading, an increase of 218% from the average session volume of 2,485,196 shares. The stock had previously closed at GBX 1.03 ($0.01).
Asiamet Resources Stock Performance
The company has a current ratio of 3.64, a quick ratio of 4.32 and a debt-to-equity ratio of 1.54. The stock’s 50 day moving average is GBX 0.68 and its 200 day moving average is GBX 0.77. The stock has a market capitalization of £28.49 million, a price-to-earnings ratio of -4.67 and a beta of 1.99.
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.
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