Asiamet Resources (LON:ARS) Reaches New 12-Month Low – Here’s Why

Asiamet Resources Limited (LON:ARSGet Free Report)’s share price hit a new 52-week low during trading on Tuesday . The stock traded as low as GBX 0.50 ($0.01) and last traded at GBX 0.55 ($0.01), with a volume of 12539313 shares changing hands. The stock had previously closed at GBX 0.61 ($0.01).

Asiamet Resources Price Performance

The company has a debt-to-equity ratio of 1.54, a quick ratio of 4.32 and a current ratio of 3.13. The stock has a market capitalization of £16.81 million, a P/E ratio of -4.67 and a beta of 1.98. The firm has a 50-day moving average price of GBX 0.69 and a 200 day moving average price of GBX 0.84.

About Asiamet Resources

(Get Free Report)

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.

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