Key Points
- Eva Armila Djauhari (insider) purchased 7,911,115 shares on November 14 at an average price of GBX 2 per share, for a total of £158,222.30.
- ARS opened at GBX 1.58 (12‑month low GBX 0.50, high GBX 2.24) and has a market capitalization of £51.36 million with a negative P/E of -8.33, indicating it is not currently profitable.
- Shore Capital reiterated a "house stock" rating, and Asiamet's operations focus on Indonesian minerals including the flagship BKM copper project in Kalimantan.
Asiamet Resources Limited (LON:ARS - Get Free Report) insider Eva Armila Djauhari bought 7,911,115 shares of the company's stock in a transaction dated Friday, November 14th. The shares were acquired at an average price of GBX 2 per share, for a total transaction of £158,222.30.
Asiamet Resources Trading Up 0.5%
Shares of ARS stock opened at GBX 1.58 on Friday. Asiamet Resources Limited has a 12-month low of GBX 0.50 and a 12-month high of GBX 2.24. The business's 50 day moving average is GBX 1.13 and its two-hundred day moving average is GBX 1.01. The company has a market capitalization of £51.36 million, a P/E ratio of -8.33 and a beta of 1.98.
Wall Street Analysts Forecast Growth
Separately, Shore Capital restated a "house stock" rating on shares of Asiamet Resources in a research report on Monday, August 11th.
View Our Latest Analysis on ARS
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.
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