Bezant Resources (LON:BZT) Stock Price Up 8% – Still a Buy?

Bezant Resources Plc (LON:BZT) shares traded up 8% on Wednesday . The company traded as high as GBX 0.03 ($0.00) and last traded at GBX 0.03 ($0.00). 638,621,125 shares traded hands during mid-day trading, an increase of 732% from the average session volume of 76,714,609 shares. The stock had previously closed at GBX 0.03 ($0.00).

Bezant Resources Stock Down 4.0 %

The stock’s 50 day simple moving average is GBX 0.02 and its two-hundred day simple moving average is GBX 0.03. The firm has a market cap of £3.81 million, a P/E ratio of -458.02 and a beta of 1.14. The company has a debt-to-equity ratio of 10.79, a current ratio of 0.20 and a quick ratio of 0.42.

About Bezant Resources

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.