Asiamet Resources Limited (LON:ARS – Get Free Report)’s stock price dropped 7.7% on Wednesday . The company traded as low as GBX 0.72 ($0.01) and last traded at GBX 0.72 ($0.01). Approximately 658,635 shares changed hands during trading, a decline of 75% from the average daily volume of 2,685,352 shares. The stock had previously closed at GBX 0.78 ($0.01).
Asiamet Resources Stock Down 7.7 %
The company has a market capitalization of £18.52 million, a price-to-earnings ratio of -4.67 and a beta of 1.98. The stock’s fifty day simple moving average is GBX 0.83 and its two-hundred day simple moving average is GBX 0.87. The company has a debt-to-equity ratio of 1.54, a current ratio of 7.54 and a quick ratio of 4.32.
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.
Recommended Stories
- Five stocks we like better than Asiamet Resources
- The Risks of Owning Bonds
- Galmed Pharmaceuticals Surges 400%: What’s Behind the Explosion?
- How to Capture the Benefits of Dividend Increases
- Gold Hits New All-Time Highs: 3 Stocks to Ride the Surge
- How to Calculate Inflation Rate
- Intel: Why It’s Time to Reconsider This Beaten-Down Chipmaker
Receive News & Ratings for Asiamet Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Asiamet Resources and related companies with MarketBeat.com's FREE daily email newsletter.
