Shares of Bezant Resources Plc (LON:BZT – Get Free Report) shot up 9.1% on Thursday . The stock traded as high as GBX 0.04 ($0.00) and last traded at GBX 0.04 ($0.00). 58,079,172 shares changed hands during trading, an increase of 17% from the average session volume of 49,433,949 shares. The stock had previously closed at GBX 0.03 ($0.00).
Bezant Resources Trading Up 9.1 %
The business has a 50 day simple moving average of GBX 0.03 and a 200-day simple moving average of GBX 0.02. The stock has a market capitalization of £4.15 million, a price-to-earnings ratio of -0.70 and a beta of 1.14. The company has a debt-to-equity ratio of 10.79, a current ratio of 0.20 and a quick ratio of 0.42.
Insider Activity at Bezant Resources
In related news, insider Colin Bird acquired 15,000,000 shares of the stock in a transaction dated Friday, August 16th. The stock was bought at an average price of GBX 3 ($0.04) per share, with a total value of £450,000 ($584,263.83). 18.25% of the stock is owned by insiders.
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.
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