Matthew Doube Buys 564,222 Shares of Asiamet Resources Limited (LON:ARS) Stock

Asiamet Resources Limited (LON:ARS) insider Matthew Doube bought 564,222 shares of the business’s stock in a transaction on Tuesday, December 17th. The shares were purchased at an average cost of GBX 1 ($0.01) per share, with a total value of £5,642.22 ($7,158.36).

Asiamet Resources Stock Up 9.4 %

Shares of ARS opened at GBX 0.85 ($0.01) on Tuesday. The company has a 50-day simple moving average of GBX 0.70 and a 200-day simple moving average of GBX 0.80. 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 firm has a market capitalization of £21.96 million, a P/E ratio of -4.67 and a beta of 1.98. Asiamet Resources Limited has a 52 week low of GBX 0.50 ($0.01) and a 52 week high of GBX 1.60 ($0.02).

Asiamet Resources Company Profile

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.