Asiamet Resources Limited (LON:ARS) Insider Matthew Doube Acquires 564,222 Shares

Asiamet Resources Limited (LON:ARS) insider Matthew Doube acquired 564,222 shares of the business’s stock in a transaction dated Tuesday, December 17th. The stock was acquired at an average price of GBX 1 ($0.01) per share, for a total transaction of £5,642.22 ($7,172.92).

Asiamet Resources Trading Up 9.7 %

Shares of Asiamet Resources stock opened at GBX 0.85 ($0.01) on Wednesday. The company has a debt-to-equity ratio of 1.54, a quick ratio of 4.32 and a current ratio of 3.13. Asiamet Resources Limited has a fifty-two week low of GBX 0.50 ($0.01) and a fifty-two week high of GBX 1.60 ($0.02). The firm has a 50-day simple moving average of GBX 0.70 and a two-hundred day simple moving average of GBX 0.80. The company has a market cap of £22.02 million, a P/E ratio of -4.67 and a beta of 1.98.

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.