Hamak Gold (LON:HAMA) Sets New 1-Year Low – What’s Next?

Shares of Hamak Gold Limited (LON:HAMAGet Free Report) reached a new 52-week low on Friday . The company traded as low as GBX 0.65 and last traded at GBX 0.65, with a volume of 44288 shares changing hands. The stock had previously closed at GBX 0.65.

Hamak Gold Price Performance

The firm has a market cap of £2.94 million, a P/E ratio of -0.65 and a beta of 0.20. The company has a fifty day moving average of GBX 0.84 and a 200-day moving average of GBX 1.03.

Insider Activity

In other news, insider Karl Smithson sold 2,222,223 shares of the company’s stock in a transaction on Monday, May 11th. The shares were sold at an average price of GBX 1, for a total value of £22,222.23. 22.04% of the stock is currently owned by insiders.

Hamak Gold Company Profile

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

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