Hamak Gold (LON:HAMA) Reaches New 12-Month Low – Here’s What Happened

Hamak Gold Limited (LON:HAMAGet Free Report) hit a new 52-week low during trading on Thursday . The stock traded as low as GBX 0.60 and last traded at GBX 0.63, with a volume of 1924052 shares changing hands. The stock had previously closed at GBX 0.65.

Hamak Gold Trading Down 3.4%

The firm has a market cap of £2.84 million, a price-to-earnings ratio of -0.63 and a beta of 0.20. The firm has a 50-day moving average of GBX 0.74 and a two-hundred day moving average of GBX 0.96.

Insiders Place Their Bets

In related news, insider Karl Smithson sold 2,222,223 shares of the company’s stock in a transaction dated Monday, May 11th. The shares were sold at an average price of GBX 1, for a total transaction of £22,222.23. 22.04% of the stock is owned by corporate insiders.

About Hamak Gold

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Hamak Strategy Ltd. (LSE: HAMA / OTCQB: HASTF), a Company combining traditional gold exploration in Africa with a Digital Asset Treasury Management strategy.

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