Bezant Resources (LON:BZT) Hits New 52-Week High – Here’s Why

Shares of Bezant Resources Plc (LON:BZTGet Free Report) reached a new 52-week high during trading on Friday . The company traded as high as GBX 0.04 ($0.00) and last traded at GBX 0.04 ($0.00), with a volume of 66354391 shares. The stock had previously closed at GBX 0.03 ($0.00).

Bezant Resources Stock Up 2.9 %

The stock’s fifty day moving average price is GBX 0.03 and its 200 day moving average price is GBX 0.02. The company has a current ratio of 0.20, a quick ratio of 0.42 and a debt-to-equity ratio of 10.79. The stock has a market cap of £4.04 million, a P/E ratio of -0.70 and a beta of 1.14.

Insider Activity at Bezant Resources

In other news, insider Colin Bird bought 15,000,000 shares of the company’s stock in a transaction that occurred on Friday, August 16th. The stock was bought at an average price of GBX 3 ($0.04) per share, for a total transaction of £450,000 ($584,263.83). 18.25% of the stock is owned by insiders.

Bezant Resources Company Profile

(Get Free Report)

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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