Golden Prospect Precious Metal (LON:GPM) Stock Price Up 4% – Still a Buy?

Golden Prospect Precious Metal (LON:GPMGet Free Report) shares rose 4% on Monday . The stock traded as high as GBX 118.29 and last traded at GBX 117.99. 364,568 shares were traded during mid-day trading, a decline of 62% from the average session volume of 965,015 shares. The stock had previously closed at GBX 113.50.

Golden Prospect Precious Metal Price Performance

The stock has a market cap of £96.05 million, a price-to-earnings ratio of 1.47 and a beta of 1.24. The firm’s fifty day moving average price is GBX 95.71 and its two-hundred day moving average price is GBX 98.59.

Insider Buying and Selling

In other news, insider Christopher Waldron purchased 20,000 shares of the company’s stock in a transaction that occurred on Friday, July 10th. The shares were acquired at an average cost of GBX 93 per share, with a total value of £18,600. 1.85% of the stock is owned by insiders.

Golden Prospect Precious Metal Company Profile

(Get Free Report)

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.

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