Shares of Asiamet Resources Limited (LON:ARS – Get Free Report) crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 0.77 ($0.01) and traded as high as GBX 0.80 ($0.01). Asiamet Resources shares last traded at GBX 0.74 ($0.01), with a volume of 3,642,493 shares.
Asiamet Resources Stock Performance
The stock has a market cap of £27.67 million, a PE ratio of -4.49 and a beta of 1.98. The firm has a fifty day moving average price of GBX 0.77 and a 200 day moving average price of GBX 0.75.
Insider Buying and Selling at Asiamet Resources
In related news, insider Matthew Doube purchased 564,222 shares of the business’s stock in a transaction on Tuesday, December 17th. The shares were acquired at an average price of GBX 1 ($0.01) per share, for a total transaction of £5,642.22 ($7,096.24). 55.63% of the stock is currently owned by company insiders.
About Asiamet Resources
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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