Hamak Gold (LON:HAMA) Trading Up 12.2% – What’s Next?

Hamak Gold Limited (LON:HAMAGet Free Report)’s share price was up 12.2% during mid-day trading on Monday . The company traded as high as GBX 1.30 and last traded at GBX 1.29. Approximately 1,127,198 shares changed hands during mid-day trading, a decline of 86% from the average daily volume of 8,155,931 shares. The stock had previously closed at GBX 1.15.

Hamak Gold Stock Up 12.2%

The company has a market cap of £5.83 million, a PE ratio of -0.65 and a beta of 0.20. The stock’s 50 day simple moving average is GBX 1.26 and its two-hundred day simple moving average is GBX 2.49.

Insider Buying and Selling at Hamak Gold

In other news, insider Nicholas Karl Smithson bought 947,965 shares of Hamak Gold stock in a transaction that occurred on Friday, December 5th. The shares were purchased at an average price of GBX 1 per share, for a total transaction of £9,479.65. Company insiders own 21.87% of the company’s stock.

Hamak Gold Company Profile

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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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