Bezant Resources (LON:BZT) Stock Price Up 12.3% – Still a Buy?

Bezant Resources Plc (LON:BZT – Get Free Report) rose 12.3% during mid-day trading on Friday. The stock traded as high as GBX 0.16 and last traded at GBX 0.15. Approximately 451,565,500 shares traded hands during trading, an increase of 191% from the average session volume of 155,037,656 shares. The stock had previously closed at GBX 0.14.

Bezant Resources Trading Up 12.3%

The company has a 50-day moving average of GBX 0.15 and a 200 day moving average of GBX 0.12. The company has a debt-to-equity ratio of 7.43, a current ratio of 0.52 and a quick ratio of 0.42. The company has a market cap of £34.62 million, a PE ratio of 17.42 and a beta of 0.86.

Bezant Resources (LON:BZT – Get Free Report) last posted its quarterly earnings data on Wednesday, September 30th. The company reported GBX (0.01) earnings per share (EPS) for the quarter.

Bezant Resources Company Profile

(Get Free Report)

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. Bezant Resources Plc was incorporated in 1994 and is based in London, the United Kingdom.

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