Bezant Resources (LON:BZT) Shares Down 5.7% – Should You Sell?

Bezant Resources Plc (LON:BZT)’s share price dropped 5.7% on Monday . The stock traded as low as GBX 0.09 and last traded at GBX 0.10. Approximately 184,765,766 shares were traded during trading, an increase of 93% from the average daily volume of 95,896,516 shares. The stock had previously closed at GBX 0.11.

Bezant Resources Stock Down 5.7%

The company has a current ratio of 0.20, a quick ratio of 0.42 and a debt-to-equity ratio of 10.79. The stock’s 50-day simple moving average is GBX 0.07 and its 200-day simple moving average is GBX 0.05. The firm has a market capitalization of £16.03 million, a P/E ratio of 8.25 and a beta of 1.14.

Bezant Resources (LON:BZT) last posted its earnings results on Tuesday, September 30th. The company reported GBX 0.03 EPS for the quarter.

Bezant Resources Company Profile

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.