Asiamet Resources (LON:ARS) Shares Down 11.5%

Asiamet Resources Limited (LON:ARSGet Free Report) fell 11.5% on Thursday . The company traded as low as GBX 1.15 ($0.01) and last traded at GBX 1.15 ($0.01). 9,308,753 shares were traded during mid-day trading, an increase of 225% from the average session volume of 2,860,270 shares. The stock had previously closed at GBX 1.30 ($0.02).

Asiamet Resources Stock Up 7.0 %

The stock has a 50-day moving average of GBX 0.71 and a 200 day moving average of GBX 0.77. The company has a market capitalization of £31.86 million, a PE ratio of -4.67 and a beta of 1.99. The company has a quick ratio of 4.32, a current ratio of 3.64 and a debt-to-equity ratio of 1.54.

Asiamet Resources Company Profile

(Get Free Report)

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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