Hamak Gold (LON:HAMA) Trading 10.9% Higher – Here’s What Happened

Hamak Gold Limited (LON:HAMA)’s share price rose 10.9% on Friday . The stock traded as high as GBX 0.83 and last traded at GBX 0.82. Approximately 337,096 shares traded hands during trading, a decline of 85% from the average daily volume of 2,292,333 shares. The stock had previously closed at GBX 0.74.

Hamak Gold Trading Up 10.9%

The company has a market cap of £3.68 million, a price-to-earnings ratio of -0.41 and a beta of 0.20. The stock has a 50-day simple moving average of GBX 1.11 and a 200-day simple moving average of GBX 1.63.

Insider Buying and Selling at Hamak Gold

In related news, insider Mike Murphy sold 750,000 shares of the company’s stock in a transaction dated Monday, March 23rd. The shares were sold at an average price of GBX 1, for a total value of £7,500. 21.87% of the stock is currently owned by corporate insiders.

About Hamak Gold

Hamak Strategy Ltd. (LSE: HAMA / OTCQB: HASTF), a Company combining traditional gold exploration in Africa with a Digital Asset Treasury Management strategy.