Shares of Asiamet Resources Limited (LON:ARS – Get Free Report) crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 0.77 ($0.01) and traded as high as GBX 0.80 ($0.01). Asiamet Resources shares last traded at GBX 0.74 ($0.01), with a volume of 3,642,493 shares traded.
Asiamet Resources Price Performance
The business has a fifty day moving average price of GBX 0.77 and a 200 day moving average price of GBX 0.75. The company has a market capitalization of £27.67 million, a price-to-earnings ratio of -4.49 and a beta of 1.98.
Insider Transactions at Asiamet Resources
In other news, insider Matthew Doube acquired 564,222 shares of the firm’s stock in a transaction dated Tuesday, December 17th. The shares were bought at an average price of GBX 1 ($0.01) per share, with a total value of £5,642.22 ($7,095.35). Insiders own 55.63% of the company’s stock.
About Asiamet Resources
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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