Hamak Gold (LON:HAMA) Stock Price Down 13.3% – Here’s What Happened

Shares of Hamak Gold Limited (LON:HAMAGet Free Report) fell 13.3% during trading on Thursday . The stock traded as low as GBX 0.65 and last traded at GBX 0.65. 2,621,552 shares were traded during mid-day trading, an increase of 17% from the average session volume of 2,234,556 shares. The stock had previously closed at GBX 0.75.

Hamak Gold Stock Down 13.3%

The business has a 50-day simple moving average of GBX 0.85 and a two-hundred day simple moving average of GBX 1.04. The stock has a market capitalization of £2.94 million, a P/E ratio of -0.65 and a beta of 0.20.

Insider Buying and Selling at Hamak Gold

In related news, insider Karl Smithson sold 2,222,223 shares of the stock in a transaction dated Monday, May 11th. The shares were sold at an average price of GBX 1, for a total transaction of £22,222.23. Insiders own 22.04% of the company’s stock.

About Hamak Gold

(Get Free Report)

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

Further Reading

Receive News & Ratings for Hamak Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hamak Gold and related companies with MarketBeat.com's FREE daily email newsletter.