Asiamet Resources Limited (LON:ARS – Get Free Report) hit a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 0.21 and last traded at GBX 0.40, with a volume of 68110383 shares trading hands. The stock had previously closed at GBX 2.14.
Asiamet Resources Stock Down 81.3%
The stock’s fifty day simple moving average is GBX 1.60 and its two-hundred day simple moving average is GBX 1.54. The firm has a market cap of £13.58 million, a PE ratio of -2.50 and a beta of 0.93.
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. The company was formerly known as Kalimantan Gold Corporation Limited and changed its name to Asiamet Resources Limited in July 2015. The company was incorporated in 2017 and is headquartered in Jakarta, Indonesia.
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