Golden Prospect Precious Metal (LON:GPM – Get Free Report) rose 1.5% during trading on Thursday . The company traded as high as GBX 34.50 ($0.43) and last traded at GBX 34 ($0.43). Approximately 358,480 shares were traded during trading, an increase of 29% from the average daily volume of 277,413 shares. The stock had previously closed at GBX 33.50 ($0.42).
Golden Prospect Precious Metal Trading Up 1.5 %
The company has a market capitalization of £29.07 million and a PE ratio of -485.71. The stock’s fifty day moving average is GBX 31.66 and its two-hundred day moving average is GBX 28.37.
Insiders Place Their Bets
In related news, insider Toby Birch purchased 40,000 shares of the firm’s stock in a transaction dated Wednesday, March 27th. The stock was bought at an average price of GBX 31 ($0.39) per share, for a total transaction of £12,400 ($15,577.89). Insiders own 1.56% of the company’s stock.
About Golden Prospect Precious Metal
Golden Prospect Precious Metals Ltd. is a close ended equity mutual fund launched and managed by CQS Asset Management Ltd. It is co-managed by CQS Cayman Limited Partnership. The fund invests in public equity markets. It invests in stock of companies operating in the precious metal sector. Golden Prospect Precious Metals Ltd.
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