Hamak Gold Limited (LON:HAMA – Get Free Report) shot up 25.6% during mid-day trading on Wednesday . The stock traded as high as GBX 0.80 and last traded at GBX 0.78. Approximately 9,071,017 shares changed hands during trading, an increase of 335% from the average daily volume of 2,084,620 shares. The stock had previously closed at GBX 0.62.
Hamak Gold Price Performance
The firm has a market capitalization of £3.53 million, a price-to-earnings ratio of -0.78 and a beta of 0.20. The firm’s 50-day simple moving average is GBX 0.72 and its 200 day simple moving average is GBX 0.94.
Insider Buying and Selling at Hamak Gold
In other news, insider Karl Smithson sold 2,222,223 shares of Hamak Gold stock in a transaction on Monday, May 11th. The stock was sold at an average price of GBX 1, for a total value of £22,222.23. Corporate insiders own 22.04% of the company’s stock.
Hamak Gold Company Profile
Hamak Strategy Ltd. (LSE: HAMA / OTCQB: HASTF), a Company combining traditional gold exploration in Africa with a Digital Asset Treasury Management strategy.
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