Golden Prospect Precious Metal (LON:GPM) Issues Earnings Results

Key Points

• EPS GBX 7.92 and quarterly revenue of GBX 98 million, with a reported return on equity of 46.25% and an unusually high net margin of 806.29%.
• Shares opened at GBX 94.20 and were down about 1.0%; the trust has a market cap of £101.58 million, a P/E of 3.87, and a 12‑month range of GBX 47–117.83.
• Closed-end investment trust focused on gold and precious metals, managed by Keith Watson and Robert Crayfourd and targeting capital growth for investors.

Golden Prospect Precious Metal (LON:GPM - ) released its quarterly earnings results on Monday. The company reported GBX 7.92 earnings per share for the quarter, Digital Look Earnings reports. Golden Prospect Precious Metal had a return on equity of 46.25% and a net margin of 806.29%.The business had revenue of GBX 98 million for the quarter.

Golden Prospect Precious Metal Trading Down 1.0%

GPM opened at GBX 94.20 on Monday. The company has a market cap of £101.58 million, a P/E ratio of 3.87 and a beta of 1.38. The business's 50-day moving average price is GBX 95.12 and its 200-day moving average price is GBX 93.13. Golden Prospect Precious Metal has a 12 month low of GBX 47 and a 12 month high of GBX 117.83.

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.

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