Hamak Gold (LON:HAMA) Sets New 12-Month Low – Here’s Why

Shares of Hamak Gold Limited (LON:HAMAGet Free Report) hit a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 0.60 and last traded at GBX 0.68, with a volume of 103502 shares. The stock had previously closed at GBX 0.70.

Hamak Gold Price Performance

The firm has a market capitalization of £3.09 million, a P/E ratio of -0.68 and a beta of 0.20. The company’s 50 day moving average price is GBX 0.71 and its 200 day moving average price is GBX 0.92.

Insider Buying and Selling at Hamak Gold

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