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Asiamet Resources Ltd (AIM:ARS, OTC:KMGLF, FRA:0FK) traded at 2.08p, up 12%, on Wednesday after completing its KSK sale and approved a $93 million special dividend. The miner received $104.9 million from Norin Mining (Hong Kong) Limited for Indokal Limited, the subsidiary holding its entire...
Asiamet Resources Ltd (AIM:ARS, OTC:KMGLF, FRA:0FK) said all conditions precedent to the proposed sale of its wholly owned subsidiary, Indokal Limited, had been satisfied or waived. The update from the company came as its shares traded at 1.80p, representing an 8% daily gain. Structurally,...
Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
Asiamet Resources Ltd (AIM:ARS, OTC:KMGLF, FRA:0FK) ended 2025 with a stronger cash position as it continued work on the proposed US$105mln sale of its interest in the KSK Project to Norin Mining and advanced the BKM copper project in Indonesia. The company reported year-end cash of...
Generally, when a single insider buys stock, it is usually not a big deal. However, when several insiders are buying...
Asiamet Resources Ltd (AIM:ARS, OTC:KMGLF, FRA:0FK), the AIM-listed mining company, saw its shares surge 10% to 1.7p after receiving a key regulatory approval from China for the sale of its KSK copper project in Indonesia. China's State-owned Assets Supervision and Administration Commission...
The UK market has recently faced challenges, with the FTSE 100 index experiencing declines due to weak trade data from China, highlighting global economic interdependencies. Despite these broader market pressures, investors may find intriguing opportunities in penny stocks—smaller or newer companies that can offer a mix of affordability and growth potential. While the term 'penny stocks' might seem outdated, their potential remains significant for those seeking financial strength and...
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