Golden Prospect Precious Metal (LON:GPM) Stock Jumps 3.2% – Here’s Why

by · The Markets Daily

Golden Prospect Precious Metal (LON:GPM – Get Free Report)’s stock price was up 3.2% during trading on Tuesday. The stock traded as high as GBX 94.98 and last traded at GBX 94.94. 211,588 shares traded hands during mid-day trading, a decline of 74% from the average daily volume of 826,626 shares. The stock had previously closed at GBX 92.

Golden Prospect Precious Metal Stock Up 3.2%

The company’s 50-day moving average is GBX 109.60 and its two-hundred day moving average is GBX 101.51. The company has a market cap of £77.29 million, a P/E ratio of 2.35 and a beta of 1.19.

Insider Transactions at Golden Prospect Precious Metal

In other news, insider Christopher Waldron bought 30,000 shares of the stock in a transaction on Monday, August 24th. The shares were purchased at an average cost of GBX 118 per share, for a total transaction of £35,400. 1.88% of the stock is owned by corporate insiders.

About Golden Prospect Precious Metal

(Get Free Report)

Golden Prospect Precious Metals (LSE:GPM) investment trust is a closed-end investment company, which invests in gold and precious metals companies.

The fund is run by experienced fund managers – Keith Watson and Robert Crayfourd and seeks to provide investors with capital growth, from a portfolio of companies involved in the gold and precious metals sector.

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