Asiamet Resources Limited (LON:ARS – Get Free Report) passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 1.55 and traded as low as GBX 1.55. Asiamet Resources shares last traded at GBX 1.60, with a volume of 1,566,334 shares traded.
Asiamet Resources Price Performance
The firm has a market capitalization of £54.30 million, a price-to-earnings ratio of -10.00 and a beta of 0.93. The firm’s 50-day simple moving average is GBX 1.51 and its 200 day simple moving average is GBX 1.55.
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. The company was formerly known as Kalimantan Gold Corporation Limited and changed its name to Asiamet Resources Limited in July 2015. The company was incorporated in 2017 and is headquartered in Jakarta, Indonesia.
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