Bezant Resources (LON:BZT) Trading Down 16%

Bezant Resources Plc (LON:BZTGet Free Report) shares were down 16% on Monday . The company traded as low as GBX 0.02 ($0.00) and last traded at GBX 0.02 ($0.00). Approximately 2,149,812 shares traded hands during trading, a decline of 95% from the average daily volume of 46,798,945 shares. The stock had previously closed at GBX 0.03 ($0.00).

Bezant Resources Stock Performance

The company has a debt-to-equity ratio of 8.80, a current ratio of 0.91 and a quick ratio of 0.42. The firm has a market capitalization of £2.89 million, a P/E ratio of -0.70 and a beta of 1.14. The stock’s 50 day moving average is GBX 0.03 and its two-hundred day moving average is GBX 0.02.

Insider Buying and Selling

In other Bezant Resources news, insider Colin Bird purchased 15,000,000 shares of the company’s stock in a transaction that occurred on Friday, August 16th. The stock was acquired at an average cost of GBX 3 ($0.04) per share, with a total value of £450,000 ($602,570.97). 18.25% of the stock is currently owned by insiders.

About Bezant Resources

(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.

Further Reading

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