Golden Prospect Precious Metal (LON:GPM – Get Free Report)’s share price shot up 0.6% on Tuesday . The company traded as high as GBX 112 and last traded at GBX 110.65. Approximately 672,534 shares were traded during mid-day trading, a decline of 27% from the average daily volume of 917,179 shares. The stock had previously closed at GBX 110.
Golden Prospect Precious Metal Stock Up 2.3%
The firm has a market cap of £94.30 million, a price-to-earnings ratio of 2.87 and a beta of 1.22. The stock’s 50-day moving average price is GBX 101.29 and its 200 day moving average price is GBX 100.27.
Insider Activity
In other news, insider Christopher Waldron bought 30,000 shares of the business’s stock in a transaction that occurred on Monday, August 24th. The stock was acquired at an average cost of GBX 118 per share, for a total transaction of £35,400. Corporate insiders own 1.88% of the company’s stock.
About Golden Prospect Precious Metal
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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