Asiamet Resources Limited (OTCMKTS:KMGLF – Get Free Report) saw a significant growth in short interest in September. As of September 15th, there was short interest totaling 212,684 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.
Asiamet Resources Stock Performance
OTCMKTS KMGLF remained flat at $0.02 during midday trading on Tuesday. The company has a fifty day moving average of $0.02 and a 200 day moving average of $0.02. Asiamet Resources has a fifty-two week low of $0.00 and a fifty-two week high of $0.03.
Asiamet Resources Company Profile
Asiamet Resources Limited is a mineral exploration and development company focused on copper and other base-metal opportunities in Indonesia. The company’s principal asset is the Beruang Kanan Main (BKM) copper project in Central Kalimantan, on the island of Borneo. Asiamet has advanced the project through exploration, resource definition and technical studies with the aim of developing a future copper operation.
The company also holds interests in the KSK Contract of Work area in Central Kalimantan, which contains the BKM project and additional exploration prospects.
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