Bezant Resources (LON:BZT) Trading 17.7% Higher – Time to Buy?

Shares of Bezant Resources Plc (LON:BZT) traded up 17.7% on Tuesday . The company traded as high as GBX 0.09 ($0.00) and last traded at GBX 0.09 ($0.00). 445,026,594 shares traded hands during trading, an increase of 396% from the average session volume of 89,699,500 shares. The stock had previously closed at GBX 0.08 ($0.00).

Bezant Resources Stock Performance

The company has a fifty day moving average price of GBX 0.05 and a two-hundred day moving average price of GBX 0.04. The company has a debt-to-equity ratio of 10.79, a current ratio of 0.20 and a quick ratio of 0.42. The company has a market capitalization of £17.65 million, a P/E ratio of 908.33 and a beta of 1.14.

Bezant Resources (LON:BZT) last posted its earnings results on Tuesday, September 30th. The company reported GBX 0.03 EPS for the quarter.

Bezant Resources Company Profile

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.