Asiamet Resources Limited (LON:ARS) Insider Purchases £5,642.22 in Stock

Asiamet Resources Limited (LON:ARS) insider Matthew Doube bought 564,222 shares of the firm’s stock in a transaction on Tuesday, December 17th. The stock was acquired at an average cost of GBX 1 ($0.01) per share, with a total value of £5,642.22 ($7,051.89).

Asiamet Resources Stock Up 11.8 %

Asiamet Resources stock opened at GBX 0.95 ($0.01) on Friday. The company has a current ratio of 3.13, a quick ratio of 4.32 and a debt-to-equity ratio of 1.54. Asiamet Resources Limited has a 1-year low of GBX 0.50 ($0.01) and a 1-year high of GBX 1.60 ($0.02). The firm’s fifty day simple moving average is GBX 0.71 and its 200-day simple moving average is GBX 0.79. The company has a market capitalization of £24.61 million, a P/E ratio of -4.67 and a beta of 1.98.

About Asiamet Resources

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.