Golden Prospect Precious Metal (LON:GPM) Shares Up 13.2% – What’s Next?

Golden Prospect Precious Metal (LON:GPM) shares rose 13.2% during trading on Friday . The stock traded as high as GBX 87 ($1.16) and last traded at GBX 85.82 ($1.14). Approximately 3,120,240 shares changed hands during mid-day trading, an increase of 327% from the average daily volume of 731,072 shares. The stock had previously closed at GBX 75.80 ($1.01).

Golden Prospect Precious Metal Stock Up 0.4%

The company has a market cap of £80.33 million and a P/E ratio of 10.88. The company has a fifty day moving average of GBX 79.55 and a 200 day moving average of GBX 63.42.

Golden Prospect Precious Metal (LON:GPM) last issued 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 that occurred on Monday, September 22nd. The stock was bought at an average price of GBX 82 per share, with a total value of £8,528. 1.61% of the stock is owned by insiders.

About Golden Prospect Precious Metal

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.