Asiamet Resources (LON:ARS) Trading 11.9% Higher – Here’s What Happened

by · The Markets Daily

Asiamet Resources Limited (LON:ARS – Get Free Report)’s share price traded up 11.9% during mid-day trading on Wednesday . The stock traded as high as GBX 2.10 and last traded at GBX 2.07. Approximately 65,592,055 shares were traded during trading, an increase of 1,710% from the average session volume of 3,624,413 shares. The stock had previously closed at GBX 1.85.

Asiamet Resources Stock Up 0.4%

The stock has a market cap of £71.58 million, a PE ratio of -13.18 and a beta of 0.93. The firm has a fifty day moving average of GBX 1.59 and a 200 day moving average of GBX 1.53.

Asiamet Resources Company Profile

(Get Free Report)

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. The company was formerly known as Kalimantan Gold Corporation Limited and changed its name to Asiamet Resources Limited in July 2015. The company was incorporated in 2017 and is headquartered in Jakarta, Indonesia.

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