Hamak Gold (LON:HAMA) Trading Down 11.9% – Time to Sell?

Hamak Gold Limited (LON:HAMAGet Free Report) traded down 11.9% during mid-day trading on Thursday . The company traded as low as GBX 1.33 and last traded at GBX 1.37. 2,162,322 shares traded hands during mid-day trading, a decline of 31% from the average session volume of 3,130,268 shares. The stock had previously closed at GBX 1.55.

Hamak Gold Trading Down 11.9%

The business’s 50 day moving average is GBX 1.28 and its two-hundred day moving average is GBX 2.55. The company has a market cap of £6.17 million, a PE ratio of -0.68 and a beta of 0.20.

Insider Activity at Hamak Gold

In other Hamak Gold news, insider Nicholas Karl Smithson acquired 947,965 shares of the stock in a transaction dated Friday, December 5th. The shares were acquired at an average cost of GBX 1 per share, for a total transaction of £9,479.65. 21.87% of the stock is owned by insiders.

Hamak Gold Company Profile

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Hamak Strategy Ltd. (LSE: HAMA / OTCQB: HASTF), a Company combining traditional gold exploration in Africa with a Digital Asset Treasury Management strategy.

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