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

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

Bezant Resources Price Performance

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 stock’s 50-day moving average price is GBX 0.02 and its 200-day moving average price is GBX 0.03. The company has a market capitalization of £4.13 million, a price-to-earnings ratio of -496.18 and a beta of 1.14.

About Bezant Resources

(Get Free Report)

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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