Golden Prospect Precious Metal (LON:GPM) Shares Down 6.3% – Should You Sell?

Golden Prospect Precious Metal (LON:GPM)’s stock price dropped 6.3% during mid-day trading on Thursday . The stock traded as low as GBX 35.28 ($0.45) and last traded at GBX 37 ($0.48). Approximately 431,728 shares traded hands during trading, an increase of 36% from the average daily volume of 317,382 shares. The stock had previously closed at GBX 39.50 ($0.51).

Golden Prospect Precious Metal Stock Performance

The stock has a 50-day simple moving average of GBX 40.06 and a 200 day simple moving average of GBX 36.21. The stock has a market capitalization of £31.64 million and a P/E ratio of -528.57.

Golden Prospect Precious Metal Company Profile

Golden Prospect Precious Metals Ltd. is a close ended equity mutual fund launched and managed by CQS Asset Management Ltd. It is co-managed by CQS Cayman Limited Partnership. The fund invests in public equity markets. It invests in stock of companies operating in the precious metal sector. Golden Prospect Precious Metals Ltd.