Bezant Resources (LON:BZT) Trading 18.2% Higher – Here’s Why

Bezant Resources Plc (LON:BZT) rose 18.2% during mid-day trading on Friday . The company traded as high as GBX 0.03 ($0.00) and last traded at GBX 0.03 ($0.00). Approximately 413,162,344 shares traded hands during mid-day trading, an increase of 561% from the average daily volume of 62,507,039 shares. The stock had previously closed at GBX 0.02 ($0.00).

Bezant Resources Stock Performance

The stock’s 50-day simple moving average is GBX 0.02 and its 200-day simple moving average is GBX 0.03. The stock has a market cap of £4.13 million, a price-to-earnings ratio of -496.18 and a beta of 1.14. The company has a current ratio of 0.20, a quick ratio of 0.42 and a debt-to-equity ratio of 10.79.

Bezant Resources Company Profile

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.