Golden Metal Resources PLC (LON:GMET – Get Free Report)’s stock price traded up 12% on Wednesday . The company traded as high as GBX 204 and last traded at GBX 195.50. Approximately 222,360 shares changed hands during mid-day trading, a decline of 45% from the average session volume of 406,106 shares. The stock had previously closed at GBX 174.50.
Golden Metal Resources Price Performance
The stock has a market capitalization of £366.24 million, a price-to-earnings ratio of -47.00 and a beta of 0.92. The firm has a 50 day simple moving average of GBX 183.27 and a 200-day simple moving average of GBX 222.11.
Insider Buying and Selling at Golden Metal Resources
In other news, insider Oliver Friesen bought 20,000 shares of the company’s stock in a transaction that occurred on Friday, July 17th. The stock was acquired at an average price of GBX 148 per share, for a total transaction of £29,600. Insiders own 1.46% of the company’s stock.
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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