Hamak Gold (LON:HAMA) Reaches New 1-Year Low – Here’s What Happened

Hamak Gold Limited (LON:HAMAGet Free Report) shares reached a new 52-week low on Monday . The company traded as low as GBX 0.60 and last traded at GBX 0.60, with a volume of 49577 shares changing hands. The stock had previously closed at GBX 0.62.

Hamak Gold Trading Down 4.0%

The company has a market cap of £2.71 million, a price-to-earnings ratio of -0.60 and a beta of 0.20. The business has a fifty day moving average of GBX 0.80 and a two-hundred day moving average of GBX 1.01.

Insider Activity

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

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.

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