Asiamet Resources Limited (LON:ARS – Get Free Report) insider Tony Manini sold 5,613,984 shares of the stock in a transaction on Wednesday, November 5th. The stock was sold at an average price of GBX 1, for a total value of £56,139.84.
Asiamet Resources Stock Up 0.5%
ARS stock opened at GBX 1.58 on Friday. Asiamet Resources Limited has a 52 week low of GBX 0.50 and a 52 week high of GBX 2.24. The business has a 50-day simple moving average of GBX 1.13 and a 200 day simple moving average of GBX 1.01. The company has a market cap of £51.36 million, a PE ratio of -8.33 and a beta of 1.98.
Analyst Ratings Changes
Separately, Shore Capital restated a “house stock” rating on shares of Asiamet Resources in a research report on Monday, August 11th.
Asiamet Resources Company Profile
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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