Asiamet Resources (LON:ARS) Sets New 1-Year Low – What’s Next?

Shares of Asiamet Resources Limited (LON:ARSGet Free Report) reached a new 52-week low during trading on Tuesday . The company traded as low as GBX 0.50 ($0.01) and last traded at GBX 0.55 ($0.01), with a volume of 12539313 shares traded. The stock had previously closed at GBX 0.61 ($0.01).

Asiamet Resources Stock Performance

The company has a debt-to-equity ratio of 1.54, a quick ratio of 4.32 and a current ratio of 3.13. The firm’s 50 day moving average is GBX 0.70 and its 200-day moving average is GBX 0.85. The stock has a market capitalization of £14.25 million, a price-to-earnings ratio of -4.67 and a beta of 1.98.

About Asiamet Resources

(Get Free Report)

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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