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Golden Prospect Precious Metal (LON:GPM) Stock Price Down 2% - Time to Sell?

Golden Prospect Precious Metal logo with Financial Services background

Golden Prospect Precious Metal (LON:GPM - Get Free Report) shares dropped 2% during trading on Thursday . The company traded as low as GBX 58.80 ($0.79) and last traded at GBX 59.10 ($0.79). Approximately 533,939 shares were traded during mid-day trading, a decline of 7% from the average daily volume of 574,550 shares. The stock had previously closed at GBX 60.30 ($0.81).

Golden Prospect Precious Metal Stock Performance

The business has a fifty day simple moving average of GBX 57.42 and a 200 day simple moving average of GBX 49.39. The company has a market cap of £54.69 million and a P/E ratio of -35.79.

Insider Buying and Selling at Golden Prospect Precious Metal

In other news, insider Helen F. Green acquired 20,000 shares of the business's stock in a transaction that occurred on Wednesday, July 2nd. The stock was acquired at an average cost of GBX 59 ($0.79) per share, for a total transaction of £11,800 ($15,855.95). 1.56% of the stock is currently owned by corporate insiders.

Golden Prospect Precious Metal Company Profile

(Get Free Report)

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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