Goldplat (LON:GDP) Shares Climb 9.8% – Should You Buy?

Goldplat PLC (LON:GDP – Get Free Report)’s share price shot up 9.8% during trading on Wednesday. The company traded as high as GBX 26 and last traded at GBX 25.54. 2,752,032 shares were traded during mid-day trading, an increase of 261% from the average daily volume of 761,515 shares. The stock had previously closed at GBX 23.25.

Goldplat Stock Down 5.0%

The company has a debt-to-equity ratio of 1.90, a current ratio of 1.70 and a quick ratio of 0.90. The company has a market capitalization of £39.51 million, a price-to-earnings ratio of 13.69 and a beta of 0.09. The firm has a 50-day moving average price of GBX 19.39 and a two-hundred day moving average price of GBX 17.54.

About Goldplat

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Goldplat PLC, together with its subsidiaries, operates as a mining services company in South Africa and Ghana. It recovers gold and other precious metals from by-products, contaminated soil, and other precious metal material from mining and other industries. The company was incorporated in 2005 and is based in London, the United Kingdom.

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