Golden Metal Resources PLC (LON:GMET – Get 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 traded hands 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 Trading Up 12.0%
The company’s 50-day moving average price is GBX 185.26 and its two-hundred day moving average price is GBX 221.99. The company has a market cap of £380.85 million, a P/E ratio of -48.88 and a beta of 0.92.
Insiders Place Their Bets
In other Golden Metal Resources news, insider Oliver Friesen bought 20,000 shares of Golden Metal Resources stock in a transaction that occurred on Friday, July 17th. The stock was purchased at an average cost of GBX 148 per share, for a total transaction of £29,600. Insiders own 1.46% of the company’s stock.
About Golden Metal Resources
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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