Hamak Gold (LON:HAMA) Shares Up 28% – Here’s Why

Hamak Gold Limited (LON:HAMAGet Free Report)’s share price shot up 28% on Thursday . The stock traded as high as GBX 0.80 and last traded at GBX 0.80. Approximately 310,593 shares were traded during mid-day trading, a decline of 86% from the average daily volume of 2,159,883 shares. The stock had previously closed at GBX 0.62.

Hamak Gold Stock Up 28.0%

The business has a fifty day moving average price of GBX 0.81 and a 200-day moving average price of GBX 1.02. The company has a market cap of £3.62 million, a P/E ratio of -0.80 and a beta of 0.20.

Insider Transactions at Hamak Gold

In other Hamak Gold news, insider Karl Smithson sold 2,222,223 shares of the company’s stock in a transaction on Monday, May 11th. The stock was sold at an average price of GBX 1, for a total value of £22,222.23. 22.04% of the stock is owned by company insiders.

Hamak Gold Company Profile

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Hamak Strategy Ltd. (LSE: HAMA / OTCQB: HASTF), a Company combining traditional gold exploration in Africa with a Digital Asset Treasury Management strategy.

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