Asiamet Resources Limited (LON:ARS) Insider Buys £5,642.22 in Stock

Asiamet Resources Limited (LON:ARS) insider Matthew Doube bought 564,222 shares of the firm’s stock in a transaction on Tuesday, December 17th. The stock was purchased at an average price of GBX 1 ($0.01) per share, for a total transaction of £5,642.22 ($7,172.92).

Asiamet Resources Stock Up 9.7 %

Shares of ARS opened at GBX 0.85 ($0.01) on Wednesday. The company has a current ratio of 3.13, a quick ratio of 4.32 and a debt-to-equity ratio of 1.54. The firm has a market cap of £22.02 million, a P/E ratio of -4.67 and a beta of 1.98. The company’s 50-day moving average price is GBX 0.70 and its 200 day moving average price is GBX 0.80. Asiamet Resources Limited has a 12-month low of GBX 0.50 ($0.01) and a 12-month high of GBX 1.60 ($0.02).

About Asiamet Resources

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.