Asiamet Resources Limited (LON:ARS – Get Free Report)’s stock price hit a new 52-week low on Monday . The stock traded as low as GBX 0.21 and last traded at GBX 0.40, with a volume of 68110383 shares trading hands. The stock had previously closed at GBX 2.14.
Asiamet Resources Price Performance
The firm has a market capitalization of £12.12 million, a price-to-earnings ratio of -2.23 and a beta of 0.93. The business’s 50 day moving average price is GBX 1.55 and its 200-day moving average price is GBX 1.52.
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. 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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