Golden Metal Resources PLC (LON:GMET – Get Free Report) shares fell 3.5% during mid-day trading on Tuesday. The stock traded as low as GBX 137 and last traded at GBX 138. 193,949 shares were traded during trading, a decline of 49% from the average session volume of 378,434 shares. The stock had previously closed at GBX 143.
Golden Metal Resources Trading Down 3.5%
The stock has a 50 day simple moving average of GBX 168.54 and a 200 day simple moving average of GBX 211.50. The firm has a market capitalization of £274.34 million, a PE ratio of -34.50 and a beta of 0.94.
Insider Activity at Golden Metal Resources
In other news, insider Oliver Friesen bought 20,000 shares of the firm’s stock in a transaction that occurred on Friday, July 17th. The shares were bought at an average cost of GBX 148 per share, with a total value of £29,600. 1.43% of the stock is currently owned by insiders.
About Golden Metal Resources
Guardian Metal Resources plc (“GMET”) is listed on LON as well as on the OTCQB (“GMTLF”) and holds resource development and exploration stage mineral projects in the mining friendly state of Nevada, USA.
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