Golden Prospect Precious Metal (LON:GPM) Stock Price Down 0.4% – Here’s What Happened

Golden Prospect Precious Metal (LON:GPM)’s stock price was down 0.4% on Tuesday . The company traded as low as GBX 83 and last traded at GBX 85.85. Approximately 383,978 shares changed hands during trading, a decline of 47% from the average daily volume of 723,973 shares. The stock had previously closed at GBX 86.20.

Golden Prospect Precious Metal Stock Performance

The stock’s fifty day simple moving average is GBX 87.62 and its two-hundred day simple moving average is GBX 71.82. The company has a market cap of £80.05 million and a price-to-earnings ratio of 10.84.

Golden Prospect Precious Metal (LON:GPM) last released its quarterly earnings data on Friday, September 12th. The company reported GBX 23.92 EPS for the quarter. Golden Prospect Precious Metal had a negative return on equity of 4.42% and a net margin of 127.97%.

Insider Activity at Golden Prospect Precious Metal

In other news, insider Toby Birch acquired 10,400 shares of the business’s stock in a transaction dated Monday, September 22nd. The shares were bought at an average cost of GBX 82 per share, for a total transaction of £8,528. 1.61% of the stock is currently owned by company insiders.

Golden Prospect Precious Metal Company Profile

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.