Golden Prospect Precious Metal (LON:GPM) Shares Up 1.6% – Here’s Why

Golden Prospect Precious Metal (LON:GPM – Get Free Report) shares shot up 1.6% on Tuesday. The stock traded as high as GBX 111 and last traded at GBX 111. Approximately 41,855 shares changed hands during trading, a decline of 95% from the average session volume of 867,275 shares. The stock had previously closed at GBX 109.25.

Golden Prospect Precious Metal Trading Down 1.7%

The company has a market capitalization of £86.05 million, a PE ratio of 2.62 and a beta of 1.22. The stock’s fifty day moving average is GBX 107.92 and its two-hundred day moving average is GBX 101.80.

Insider Transactions at Golden Prospect Precious Metal

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

Golden Prospect Precious Metal Company Profile

(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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