AsiaBaseMetals (CVE:ABZ) Reaches New 1-Year Low at $0.08

AsiaBaseMetals Inc. (CVE:ABZGet Free Report) shares hit a new 52-week low on Thursday . The company traded as low as C$0.08 and last traded at C$0.08, with a volume of 5000 shares trading hands. The stock had previously closed at C$0.08.

AsiaBaseMetals Price Performance

The business’s 50 day moving average is C$0.10 and its two-hundred day moving average is C$0.11. The firm has a market capitalization of C$3.71 million, a PE ratio of -7.50 and a beta of 0.55.

Insider Buying and Selling at AsiaBaseMetals

In other AsiaBaseMetals news, Director Raj Chowdhry purchased 350,000 shares of AsiaBaseMetals stock in a transaction on Monday, February 5th. The shares were acquired at an average cost of C$0.10 per share, for a total transaction of C$35,000.00. Insiders have acquired 360,500 shares of company stock worth $35,905 over the last ninety days. Insiders own 67.67% of the company’s stock.

AsiaBaseMetals Company Profile

(Get Free Report)

AsiaBaseMetals Inc focuses on the exploration and development of precious and base metals properties in Canada. It explores for gold, silver, zinc copper, cobalt, and lithium deposits. The company holds 100% interest in the Gnome project consisting of 1,996 hectares located in British Columbia. AsiaBaseMetals Inc was incorporated in 2009 and is based in Vancouver, Canada.

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