Golden Metal Resources (LON:GMET) Trading Down 3.8% – Here’s What Happened

Golden Metal Resources PLC (LON:GMETGet Free Report)’s stock price dropped 3.8% on Monday . The stock traded as low as GBX 170 and last traded at GBX 176. Approximately 137,548 shares changed hands during trading, a decline of 66% from the average session volume of 408,367 shares. The stock had previously closed at GBX 183.

Golden Metal Resources Price Performance

The firm has a market capitalization of £352.27 million, a P/E ratio of -45.21 and a beta of 0.92. The stock’s 50-day simple moving average is GBX 185.26 and its two-hundred day simple moving average is GBX 221.99.

Insider Buying and Selling at Golden Metal Resources

In other news, insider Oliver Friesen bought 20,000 shares of the stock in a transaction that occurred on Friday, July 17th. The shares were bought at an average price of GBX 148 per share, for a total transaction of £29,600. Company insiders own 1.46% of the company’s stock.

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

Receive News & Ratings for Golden Metal Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Golden Metal Resources and related companies with MarketBeat.com's FREE daily email newsletter.