Hamak Gold (LON:HAMA) Stock Price Up 12.2% – Still a Buy?

Hamak Gold Limited (LON:HAMAGet Free Report)’s share price rose 12.2% during mid-day trading on Monday . The company traded as high as GBX 1.30 and last traded at GBX 1.29. Approximately 1,127,198 shares were traded during trading, a decline of 86% from the average daily volume of 8,155,931 shares. The stock had previously closed at GBX 1.15.

Hamak Gold Price Performance

The company’s 50 day moving average price is GBX 1.24 and its two-hundred day moving average price is GBX 2.50. The stock has a market capitalization of £6.08 million, a PE ratio of -0.67 and a beta of 0.20.

Insider Buying and Selling

In other Hamak Gold news, insider Nicholas Karl Smithson bought 947,965 shares of the firm’s stock in a transaction on Friday, December 5th. The shares were acquired at an average cost of GBX 1 per share, with a total value of £9,479.65. Insiders own 21.87% of the company’s stock.

About Hamak Gold

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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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