Bezant Resources (LON:BZT) Sets New 12-Month High – Here’s What Happened

Shares of Bezant Resources Plc (LON:BZT) reached a new 52-week high during trading on Friday . The company traded as high as GBX 0.04 ($0.00) and last traded at GBX 0.03 ($0.00), with a volume of 267932563 shares trading hands. The stock had previously closed at GBX 0.02 ($0.00).

Bezant Resources Price Performance

The business’s 50-day moving average price is GBX 0.03 and its 200 day moving average price is GBX 0.02. The company has a market capitalization of £3.92 million, a P/E ratio of -0.70 and a beta of 1.14. The company has a quick ratio of 0.42, a current ratio of 0.91 and a debt-to-equity ratio of 8.80.

Insider Activity at Bezant Resources

In related news, insider Colin Bird bought 15,000,000 shares of the stock in a transaction that occurred on Friday, August 16th. The shares were acquired at an average cost of GBX 3 ($0.04) per share, with a total value of £450,000 ($601,926.16). 18.25% of the stock is currently owned by insiders.

Bezant Resources Company Profile

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.