Bezant Resources (LON:BZT) Trading Down 7.7%

Bezant Resources Plc (LON:BZTGet Free Report)’s share price fell 7.7% during trading on Friday . The stock traded as low as GBX 0.02 ($0.00) and last traded at GBX 0.02 ($0.00). 2,986,613 shares were traded during mid-day trading, a decline of 94% from the average session volume of 47,889,531 shares. The stock had previously closed at GBX 0.03 ($0.00).

Bezant Resources Stock Performance

The company has a current ratio of 0.91, a quick ratio of 0.42 and a debt-to-equity ratio of 8.80. The stock’s 50 day moving average is GBX 0.03 and its 200 day moving average is GBX 0.02. The stock has a market capitalization of £2.94 million, a price-to-earnings ratio of -0.70 and a beta of 1.14.

Insider Activity

In related news, insider Colin Bird purchased 15,000,000 shares of the company’s stock in a transaction on Friday, August 16th. The stock was bought at an average price of GBX 3 ($0.04) per share, with a total value of £450,000 ($594,451.78). Company insiders own 18.25% of the company’s stock.

Bezant Resources Company Profile

(Get Free Report)

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.

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