Asiamet Resources Ltd - focused on the development of copper-gold deposits in Indonesia - Reports narrowed pretax loss for 2020 of USD2.1 million from USD2.7 million. Expenses reduce to USD2.2 million from USD2.8 million. Books foreign exchange gain of USD354,000, up from USD98,000 the year before. Cash at end of year was USD1.2 million, up from USD418,000 a year ago, having raised USD3.9 million back in March 2020.
Current stock price: 2.32p
Year-to-date change: down 57%
By Lucy Heming;Â lucyheming@alliancenews.com
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Asiamet Res (ARS)