Bezant Resources (LON:BZT) Stock Price Up 5.5% – Still a Buy?

Bezant Resources Plc (LON:BZT) shares traded up 5.5% during mid-day trading on Tuesday . The company traded as high as GBX 0.06 ($0.00) and last traded at GBX 0.06 ($0.00). 5,161,684 shares changed hands during mid-day trading, a decline of 94% from the average session volume of 83,767,492 shares. The stock had previously closed at GBX 0.06 ($0.00).

Bezant Resources Stock Performance

The company has a quick ratio of 0.42, a current ratio of 0.20 and a debt-to-equity ratio of 10.79. The firm has a market cap of £11.33 million, a P/E ratio of -700.00 and a beta of 1.14. The business has a fifty day simple moving average of GBX 0.05 and a 200-day simple moving average of GBX 0.04.

Bezant Resources (LON:BZT) last released its earnings results on Tuesday, September 30th. The company reported GBX 0.03 earnings per share for the quarter.

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.