Bezant Resources (LON:BZT) Trading 11.5% Higher

Bezant Resources Plc (LON:BZT)’s stock price traded up 11.5% during mid-day trading on Wednesday . The company traded as high as GBX 0.03 ($0.00) and last traded at GBX 0.03 ($0.00). 8,621,645 shares traded hands during trading, a decline of 82% from the average session volume of 47,042,816 shares. The stock had previously closed at GBX 0.03 ($0.00).

Bezant Resources Stock Performance

The stock’s 50-day simple moving average is GBX 0.03 and its 200-day simple moving average is GBX 0.02. The company has a current ratio of 0.91, a quick ratio of 0.42 and a debt-to-equity ratio of 8.80. The stock has a market cap of £3.35 million, a price-to-earnings ratio of -0.70 and a beta of 1.14.

Insider Transactions at Bezant Resources

In other news, insider Colin Bird purchased 15,000,000 shares of the business’s stock in a transaction dated Friday, August 16th. The stock was bought at an average price of GBX 3 ($0.04) per share, with a total value of £450,000 ($602,570.97). 18.25% of the stock is currently owned by insiders.

About Bezant Resources

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.