Bezant Resources (LON:BZT) Shares Up 18.2% – Here’s Why

Bezant Resources Plc (LON:BZT)’s share price shot up 18.2% on Saturday . The stock traded as high as GBX 0.03 ($0.00) and last traded at GBX 0.03 ($0.00). 413,162,344 shares traded hands during mid-day trading, an increase of 561% from the average session volume of 62,507,039 shares. The stock had previously closed at GBX 0.02 ($0.00).

Bezant Resources Price Performance

The company’s 50-day simple moving average is GBX 0.02 and its 200-day simple moving average is GBX 0.03. The company has a debt-to-equity ratio of 10.79, a current ratio of 0.20 and a quick ratio of 0.42. The stock has a market capitalization of £4.13 million, a price-to-earnings ratio of -496.18 and a beta of 1.14.

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.