AsiaBaseMetals Inc. (CVE:ABZ – Get Free Report) hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as C$0.08 and last traded at C$0.08, with a volume of 5000 shares trading hands. The stock had previously closed at C$0.08.
AsiaBaseMetals Stock Performance
The company has a market cap of C$3.71 million, a P/E ratio of -7.50 and a beta of 0.55. The business has a fifty day simple moving average of C$0.10 and a 200 day simple moving average of C$0.11.
Insider Buying and Selling at AsiaBaseMetals
In other AsiaBaseMetals news, Director Raj Chowdhry acquired 350,000 shares of the stock in a transaction that occurred on Monday, February 5th. The stock was acquired at an average price of C$0.10 per share, with a total value of C$35,000.00. Insiders acquired a total of 360,500 shares of company stock worth $35,905 over the last 90 days. Insiders own 67.67% of the company’s stock.
AsiaBaseMetals Company Profile
AsiaBaseMetals Inc focuses on the exploration and development of precious and base metals properties in Canada. It explores for gold, silver, zinc copper, cobalt, and lithium deposits. The company holds 100% interest in the Gnome project consisting of 1,996 hectares located in British Columbia. AsiaBaseMetals Inc was incorporated in 2009 and is based in Vancouver, Canada.
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