Golden Prospect Precious Metal (LON:GPM) Shares Up 1.5%

Shares of Golden Prospect Precious Metal (LON:GPM) shot up 1.5% during trading on Thursday . The stock traded as high as GBX 34.50 ($0.43) and last traded at GBX 34 ($0.43). 358,480 shares were traded during trading, an increase of 29% from the average session volume of 277,413 shares. The stock had previously closed at GBX 33.50 ($0.42).

Golden Prospect Precious Metal Trading Up 1.5 %

The firm has a market capitalization of £29.07 million and a P/E ratio of -485.71. The business’s 50 day simple moving average is GBX 31.66 and its two-hundred day simple moving average is GBX 28.37.

Insider Activity

In other news, insider Toby Birch acquired 40,000 shares of the firm’s stock in a transaction that occurred on Wednesday, March 27th. The stock was bought at an average cost of GBX 31 ($0.39) per share, for a total transaction of £12,400 ($15,577.89). Corporate insiders own 1.56% of the company’s stock.

About Golden Prospect Precious Metal

Golden Prospect Precious Metals Ltd. is a close ended equity mutual fund launched and managed by CQS Asset Management Ltd. It is co-managed by CQS Cayman Limited Partnership. The fund invests in public equity markets. It invests in stock of companies operating in the precious metal sector. Golden Prospect Precious Metals Ltd.