Golden Metal Resources (LON:GMET) Stock Price Up 12% – Here’s Why

Golden Metal Resources PLC (LON:GMETGet Free Report) rose 12% on Wednesday . The company traded as high as GBX 204 and last traded at GBX 195.50. Approximately 222,360 shares were traded during mid-day trading, a decline of 45% from the average session volume of 406,106 shares. The stock had previously closed at GBX 174.50.

Golden Metal Resources Price Performance

The firm has a market capitalization of £380.85 million, a PE ratio of -48.88 and a beta of 0.92. The company has a fifty day moving average of GBX 185.26 and a 200-day moving average of GBX 221.99.

Insider Buying and Selling at Golden Metal Resources

In other news, insider Oliver Friesen purchased 20,000 shares of Golden Metal Resources stock in a transaction dated Friday, July 17th. The stock was acquired at an average cost of GBX 148 per share, for a total transaction of £29,600. 1.46% of the stock is owned by company insiders.

About Golden Metal Resources

(Get Free Report)

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.

Further Reading

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