Bezant Resources (LON:BZT) Trading Down 15.7% – Here’s Why

by · The Cerbat Gem

Shares of Bezant Resources Plc (LON:BZT – Get Free Report) dropped 15.7% on Tuesday . The stock traded as low as GBX 0.07 and last traded at GBX 0.07. Approximately 172,798,328 shares were traded during trading, an increase of 88% from the average daily volume of 91,795,906 shares. The stock had previously closed at GBX 0.08.

Bezant Resources Stock Performance

The firm has a 50 day moving average of GBX 0.09 and a two-hundred day moving average of GBX 0.06. The company has a debt-to-equity ratio of 10.79, a current ratio of 0.20 and a quick ratio of 0.42. The stock has a market cap of £13.75 million, a PE ratio of 6.75 and a beta of 1.14.

Bezant Resources (LON:BZT – Get Free Report) last released its quarterly earnings data on Tuesday, September 30th. The company reported GBX 0.03 earnings per share for the quarter.

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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