Asiamet Resources (LON:ARS) Share Price Crosses Below 50 Day Moving Average of $1.73

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Asiamet Resources Ltd (LON:ARS) shares passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $1.73 and traded as low as $0.85. Asiamet Resources shares last traded at $1.00, with a volume of 3,317,498 shares traded.

The business has a fifty day moving average of GBX 1.71 and a 200-day moving average of GBX 2.41. The company has a debt-to-equity ratio of 208.89, a quick ratio of 0.53 and a current ratio of 0.58. The company has a market capitalization of $9.90 million and a P/E ratio of -1.22.

Asiamet Resources Company Profile (LON:ARS)

Asiamet Resources Limited engages in the acquisition, exploration, and development of mineral deposits in Indonesia. Its principal properties include the BKM copper and BKZ polymetallic projects located in Kalimantan, Indonesia, as well as a copper-gold porphyry deposit located on the island of Sumatra, Indonesia.

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