Bezant Resources (LON:BZT) Stock Price Up 9.1% – Time to Buy?

Bezant Resources Plc (LON:BZT) shares rose 9.1% during trading on Thursday . The stock traded as high as GBX 0.04 ($0.00) and last traded at GBX 0.04 ($0.00). Approximately 58,079,172 shares traded hands during trading, an increase of 17% from the average daily volume of 49,433,949 shares. The stock had previously closed at GBX 0.03 ($0.00).

Bezant Resources Trading Up 9.1 %

The company has a quick ratio of 0.42, a current ratio of 0.20 and a debt-to-equity ratio of 10.79. The business’s fifty day moving average is GBX 0.03 and its two-hundred day moving average is GBX 0.02. The firm has a market cap of £4.15 million, a price-to-earnings ratio of -0.70 and a beta of 1.14.

Insider Transactions at Bezant Resources

In other Bezant Resources news, insider Colin Bird bought 15,000,000 shares of the business’s stock in a transaction on Friday, August 16th. The shares were bought at an average cost of GBX 3 ($0.04) per share, for a total transaction of £450,000 ($584,263.83). 18.25% of the stock is currently owned by corporate insiders.

Bezant Resources Company Profile

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.