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Asiamet Resources ( (GB:ARS) ) has shared an announcement.
Asiamet Resources has reported progress on the conditions precedent for the proposed sale of its interest in Indokal Limited, owner of the KSK and BKM Copper projects, to Norin Mining, with shareholder approval scheduled for a 29 January 2026 general meeting, Chinese regulatory approvals under review and expected in February, and remaining Indonesian regulatory and transaction-specific requirements advancing without any currently anticipated material issues. Separately, the company confirmed it has resumed engagement with authorities on its Beutong Project in Aceh after severe regional flooding in December 2025 temporarily disrupted local infrastructure and delayed government interactions, underscoring its continued commitment to advancing Beutong while rebalancing its Indonesian asset portfolio through the planned KSK divestment.
The most recent analyst rating on (GB:ARS) stock is a Hold with a £1.50 price target. To see the full list of analyst forecasts on Asiamet Resources stock, see the GB:ARS Stock Forecast page.
Spark’s Take on GB:ARS Stock
According to Spark, TipRanks’ AI Analyst, GB:ARS is a Neutral.
The score is held down primarily by weak financial performance (no revenue, persistent losses, and ongoing cash burn with a shrinking equity base). Technicals are a key offset, showing an improving uptrend and positive momentum. Valuation remains constrained by negative earnings and the absence of a dividend yield.
To see Spark’s full report on GB:ARS stock, click here.
More about Asiamet Resources
Asiamet Resources Limited is an AIM-quoted mining and exploration company focused on base metals projects in Indonesia, notably copper developments including the KSK and BKM Copper projects in Central Kalimantan and the Beutong copper project in Aceh. The company targets the development and monetisation of these Indonesian copper assets, positioning itself within the regional copper supply chain and broader global energy transition metals market.
Average Trading Volume: 5,776,432
Technical Sentiment Signal: Buy
Current Market Cap: £59.73M
See more insights into ARS stock on TipRanks’ Stock Analysis page.