Golden Prospect Precious Metal (LON:GPM) Stock Price Up 0.2% – Time to Buy?

Golden Prospect Precious Metal (LON:GPM)’s stock price rose 0.2% on Tuesday . The company traded as high as GBX 104.72 and last traded at GBX 104.72. Approximately 1,084,690 shares changed hands during mid-day trading, a decline of 3% from the average daily volume of 1,122,137 shares. The stock had previously closed at GBX 104.55.

Golden Prospect Precious Metal Price Performance

The firm’s 50-day moving average price is GBX 96.77 and its 200 day moving average price is GBX 94.15. The firm has a market cap of £112.92 million, a P/E ratio of 1.31 and a beta of 1.38.

Golden Prospect Precious Metal (LON:GPM) last issued its quarterly earnings results on Monday, April 13th. The company reported GBX 7.92 EPS for the quarter. Golden Prospect Precious Metal had a net margin of 576.39% and a return on equity of 83.81%. The business had revenue of GBX 98 million for the quarter.

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.