Bezant Resources (LON:BZT) Shares Up 20.7% – Should You Buy?

Bezant Resources Plc (LON:BZT)’s stock price traded up 20.7% on Tuesday . The stock traded as high as GBX 0.10 ($0.00) and last traded at GBX 0.10 ($0.00). 324,455,938 shares changed hands during mid-day trading, an increase of 244% from the average session volume of 94,333,680 shares. The stock had previously closed at GBX 0.08 ($0.00).

Bezant Resources Stock Down 4.2%

The firm’s 50 day moving average price is GBX 0.06 and its two-hundred day moving average price is GBX 0.04. The company has a market cap of £14.73 million, a P/E ratio of 7.58 and a beta of 1.14. The company has a debt-to-equity ratio of 10.79, a quick ratio of 0.42 and a current ratio of 0.20.

Bezant Resources (LON:BZT) last released its quarterly earnings data 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.