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IN BRIEF: Asiamet Resources loss widens while assets increase sharply

24th Aug 2021 13:53

Asiamet Resources Ltd - developing copper-gold deposits in Indonesia - Net loss widens slightly to USD2.4 million in the six months ended June 30, from a USD2.1 million loss a year prior. Expenses for the first half rise 12% year-on-year to USD2.4 million from USD2.1 million. Total assets worth USD12.1 million on June 30, up sharply from USD1.4 million end the end of 2020. Holds cash of USD11.9 million at June 30, significantly above the USD2.0 million held at the same point a year before.

Current stock price: 2.29 pence

Year-to-date change: down 58%

By Scarlett Butler; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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Asiamet Res
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