Golden Metal Resources (LON:GMET) Trading 10.3% Higher – Here’s What Happened

Golden Metal Resources PLC (LON:GMETGet Free Report)’s share price traded up 10.3% on Tuesday . The stock traded as high as GBX 188 and last traded at GBX 182. 205,052 shares traded hands during trading, a decline of 48% from the average daily volume of 395,429 shares. The stock had previously closed at GBX 165.

Golden Metal Resources Price Performance

The firm has a market capitalization of £361.81 million, a PE ratio of -45.50 and a beta of 0.94. The company has a 50-day moving average price of GBX 174.74 and a 200-day moving average price of GBX 220.88.

Insider Activity

In other news, insider Oliver Friesen purchased 20,000 shares of the 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. 1.43% of the stock is owned by corporate 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.

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