Bezant Resources (LON:BZT) Reaches New 12-Month High – Should You Buy?

Bezant Resources Plc (LON:BZTGet Free Report) reached a new 52-week high during trading on Thursday . The company traded as high as GBX 0.04 ($0.00) and last traded at GBX 0.03 ($0.00), with a volume of 43329066 shares changing hands. The stock had previously closed at GBX 0.04 ($0.00).

Bezant Resources Price Performance

The stock has a market cap of £3.98 million, a price-to-earnings ratio of -0.70 and a beta of 1.14. The firm has a 50 day simple moving average of GBX 0.03 and a two-hundred day simple moving average of GBX 0.02. The company has a debt-to-equity ratio of 10.79, a current ratio of 0.20 and a quick ratio of 0.42.

Insider Activity at Bezant Resources

In other Bezant Resources news, insider Colin Bird bought 15,000,000 shares of the firm’s stock in a transaction on Friday, August 16th. The stock was purchased at an average cost of GBX 3 ($0.04) per share, with a total value of £450,000 ($583,581.90). Corporate insiders own 18.25% of the company’s stock.

Bezant Resources Company Profile

(Get Free Report)

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.

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