Hamak Gold (LON:HAMA) Reaches New 52-Week Low – Here’s Why

Hamak Gold Limited (LON:HAMAGet Free Report) shares reached a new 52-week low during mid-day trading on Monday . The stock traded as low as GBX 0.60 and last traded at GBX 0.60, with a volume of 49577 shares changing hands. The stock had previously closed at GBX 0.62.

Hamak Gold Trading Up 2.0%

The company’s 50-day moving average is GBX 0.79 and its 200 day moving average is GBX 1.01. The stock has a market capitalization of £3.00 million, a PE ratio of -0.66 and a beta of 0.20.

Insider Activity

In other Hamak Gold news, insider Karl Smithson sold 2,222,223 shares of the firm’s stock in a transaction on Monday, May 11th. The shares were 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.

About Hamak Gold

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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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