Bezant Resources Plc (LON:BZT – Get Free Report)’s stock price dropped 13.8% during mid-day trading on Monday . The stock traded as low as GBX 0.03 ($0.00) and last traded at GBX 0.03 ($0.00). Approximately 64,457,965 shares changed hands during mid-day trading, an increase of 31% from the average daily volume of 49,222,281 shares. The stock had previously closed at GBX 0.03 ($0.00).
Bezant Resources Stock Performance
The company has a market cap of £2.89 million, a P/E ratio of -0.70 and a beta of 1.14. The company has a quick ratio of 0.42, a current ratio of 0.91 and a debt-to-equity ratio of 8.80. The company has a 50 day moving average price of GBX 0.03 and a 200-day moving average price of GBX 0.02.
Insider Buying and Selling
In related news, insider Colin Bird bought 15,000,000 shares of the stock in a transaction on Friday, August 16th. The shares were purchased at an average price of GBX 3 ($0.04) per share, with a total value of £450,000 ($588,466.07). Corporate insiders own 18.25% of the company’s stock.
About Bezant Resources
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.
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