Bezant Resources (LON:BZT) Shares Up 15% – Should You Buy?

Bezant Resources Plc (LON:BZT) shares shot up 15% on Tuesday . The stock traded as high as GBX 0.10 and last traded at GBX 0.09. 209,698,563 shares traded hands during mid-day trading, an increase of 132% from the average session volume of 90,423,836 shares. The stock had previously closed at GBX 0.08.

Bezant Resources Stock Up 18.9%

The company has a market cap of £18.17 million, a P/E ratio of 8.92 and a beta of 1.14. The stock’s 50-day moving average price is GBX 0.08 and its 200-day moving average price is GBX 0.06. The company has a current ratio of 0.20, a quick ratio of 0.42 and a debt-to-equity ratio of 10.79.

Bezant Resources (LON:BZT) last issued its earnings results on Tuesday, September 30th. The company reported GBX 0.03 EPS for the quarter.

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. Bezant Resources Plc was incorporated in 1994 and is based in London, the United Kingdom.