Bezant Resources (LON:BZT) Trading Up 18.2% – Time to Buy?

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

Bezant Resources Trading Up 18.2 %

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

Bezant Resources Company Profile

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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.

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