Golden Metal Resources PLC (LON:GMET – Get Free Report)’s share price shot up 17.6% during trading on Wednesday . The company traded as high as GBX 175 and last traded at GBX 170.50. Approximately 194,098 shares traded hands during mid-day trading, a decline of 54% from the average daily volume of 421,870 shares. The stock had previously closed at GBX 145.
Golden Metal Resources Stock Performance
The business’s fifty day moving average price is GBX 199.43 and its two-hundred day moving average price is GBX 221.39. The firm has a market capitalization of £332.15 million, a P/E ratio of -42.62 and a beta of 0.97.
Insider Buying and Selling
In other news, insider Oliver Friesen bought 20,000 shares of the stock in a transaction on Friday, July 17th. The stock was bought at an average cost of GBX 148 per share, for a total transaction of £29,600. 1.45% of the stock is owned by insiders.
Golden Metal Resources Company Profile
Guardian Metal Resources plc (“GMET”) is listed on LON as well as on the OTCQB (“GMTLF”) and holds resource development and exploration stage mineral projects in the mining friendly state of Nevada, USA.
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