Asiamet Resources Limited (LON:ARS – Get Free Report) rose 2.1% during trading on Wednesday . The company traded as high as GBX 0.40 and last traded at GBX 0.34. Approximately 22,918,168 shares changed hands during trading, an increase of 411% from the average daily volume of 4,485,967 shares. The stock had previously closed at GBX 0.34.
Asiamet Resources Trading Down 4.4%
The stock has a market capitalization of £12.66 million, a P/E ratio of -2.33 and a beta of 0.93. The stock’s fifty day moving average price is GBX 1.50 and its two-hundred day moving average price is GBX 1.50.
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. 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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