The stock of Golden Prospect Precious Metals Ltd. (LON:GPM) is a huge mover today! The stock decreased 3.25% or GBX 1.25 on November 24, hitting GBX 37.25. About 328,361 shares traded hands. Golden Prospect Precious Metals Ltd. (LON:GPM) has declined 2.06% since April 27, 2016 and is downtrending. It has underperformed by 7.46% the S&P500.
The move comes after 7 months negative chart setup for the GBX 21.51M company. It was reported on Nov, 24 by Barchart.com. We have GBX 34.27 PT which if reached, will make LON:GPM worth GBX 1.72M less.
Golden Prospect Precious Metals Limited is a closed-end investment company, which invests in gold and precious metal companies. The company has a market cap of 21.51 million GBP. The Company’s investment objective is to generate above average returns for shareholders primarily through the capital appreciation of its investments. It has a 1.83 P/E ratio. The Firm operates through the segment of investing in precious metals securities, which are listed on the stock exchanges of London, Toronto and Sydney.
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