AsiaBaseMetals (CVE:ABZ) Hits New 1-Year High – Should You Buy?

by · The Cerbat Gem

AsiaBaseMetals Inc. (CVE:ABZ – Get Free Report)’s share price hit a new 52-week high on Friday . The stock traded as high as C$0.12 and last traded at C$0.10, with a volume of 3500 shares traded. The stock had previously closed at C$0.07.

AsiaBaseMetals Trading Up 42.9%

The firm has a 50 day moving average price of C$0.08 and a 200 day moving average price of C$0.07. The stock has a market capitalization of C$4.97 million, a PE ratio of -10.00 and a beta of -0.25.

About AsiaBaseMetals

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AsiaBaseMetals Inc focuses on the exploration and development of precious and base metals properties in Canada. It explores for gold, silver, zinc copper, cobalt, and lithium deposits. The company holds 100% interest in the Gnome project consisting of 1,996 hectares located in British Columbia. AsiaBaseMetals Inc was incorporated in 2009 and is based in Vancouver, Canada.

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