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

Key Points

• Stock movement: Golden Prospect Precious Metal (LON:GPM) rose 0.2% to GBX 104.72 with ~1,084,690 shares traded (about 3% below average); its 50‑day and 200‑day moving averages are GBX 96.77 and GBX 94.15, market cap £112.92m, P/E 1.31, beta 1.38.
• Quarterly results: The company reported EPS of GBX 7.92 for the quarter, with a net margin of 576.39% and ROE of 83.81% on revenue of GBX 98 million.
• Business profile: GPM is a closed‑end investment trust that invests in gold and precious metals, managed by Keith Watson and Robert Crayfourd and focused on capital growth.

Golden Prospect Precious Metal (LON:GPM - Get Free Report)'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 - Get Free Report) 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.