Asiamet Resources Limited (LON:ARS – Get Free Report) shares crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 0.63 ($0.01) and traded as high as GBX 0.90 ($0.01). Asiamet Resources shares last traded at GBX 0.85 ($0.01), with a volume of 5,878,414 shares.
Asiamet Resources Stock Down 5.8 %
The firm has a market cap of £20.75 million, a price-to-earnings ratio of -4.67 and a beta of 2.00. The firm’s 50 day moving average price is GBX 0.63 and its two-hundred day moving average price is GBX 0.77. The company has a debt-to-equity ratio of 1.54, a current ratio of 3.64 and a quick ratio of 4.32.
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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