Hamak Gold (LON:HAMA) Stock Price Up 25.6% – Time to Buy?

Hamak Gold Limited (LON:HAMAGet Free Report) shares shot up 25.6% on Wednesday . The company traded as high as GBX 0.80 and last traded at GBX 0.78. 9,071,017 shares changed hands during mid-day trading, an increase of 335% from the average daily volume of 2,084,620 shares. The stock had previously closed at GBX 0.62.

Hamak Gold Stock Up 3.4%

The stock has a market cap of £3.39 million, a PE ratio of -0.75 and a beta of 0.20. The firm has a fifty day moving average of GBX 0.71 and a 200 day moving average of GBX 0.93.

Insider Activity

In other news, insider Karl Smithson sold 2,222,223 shares of the company’s stock in a transaction dated Monday, May 11th. The stock was sold at an average price of GBX 1, for a total transaction of £22,222.23. Corporate insiders own 22.04% of the company’s stock.

Hamak Gold Company Profile

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Hamak Strategy Ltd. (LSE: HAMA / OTCQB: HASTF), a Company combining traditional gold exploration in Africa with a Digital Asset Treasury Management strategy.

Further Reading

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