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GPM Golden Prospect Precious Metals Limited

33.25
0.00 (0.00%)
14 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Golden Prospect Precious Metals Limited LSE:GPM London Ordinary Share GG00B1G9T992 ORD SHS 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 33.25 32.50 34.00 33.25 33.25 33.25 83,738 08:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Finance Services -468k -1.39M -0.0162 -20.52 28.43M
Golden Prospect Precious Metals Limited is listed in the Finance Services sector of the London Stock Exchange with ticker GPM. The last closing price for Golden Prospect Precious... was 33.25p. Over the last year, Golden Prospect Precious... shares have traded in a share price range of 23.00p to 37.50p.

Golden Prospect Precious... currently has 85,503,021 shares in issue. The market capitalisation of Golden Prospect Precious... is £28.43 million. Golden Prospect Precious... has a price to earnings ratio (PE ratio) of -20.52.

Golden Prospect Precious... Share Discussion Threads

Showing 1126 to 1147 of 8225 messages
Chat Pages: Latest  53  52  51  50  49  48  47  46  45  44  43  42  Older
DateSubjectAuthorDiscuss
04/3/2016
09:30
Sweeeeeeeeeeeeeeeet.
stevieweebie2
04/3/2016
09:04
and gold is making a new 2016 high too today...
llef
04/3/2016
08:47
GPM playing catchup with the miners in NYK last night..
llef
03/3/2016
18:14
NAV. 29.05.
brucie5
03/3/2016
16:05
we're going up soon
dilbert dogbreadth
02/3/2016
17:43
The ftsie has retraced right back up to the 150ma. Will be interesting to see if it gets knocked back. In general you might expect au/ag to be inversely correlated, though GPM was taken down with th rest of them in 2008.
brucie5
02/3/2016
17:15
NAV. 29.13. KDX, FRES, SLW all very slightly up. HOC up a bit more. And a stonking day for industrial miners.
brucie5
01/3/2016
19:37
NAV 29.26. Profit taking in KDX, FRES & SLW.
brucie5
29/2/2016
19:13
NAV 29.35, which is slightly down.

Fres up. Hoc up 4%.

brucie5
28/2/2016
16:50
Yep Brucie5, that's my thinking: keep GPM as a core holding, but use SPGP to try and trade spikes up and down in the bigger gold miners. (Easier said than done of course!)
llef
28/2/2016
16:10
I've heard of it - but it's paper gold, so while I guess may give you greater flexibility to trade, GPM is mainly the real thing. You probably want a mixture of both.
brucie5
28/2/2016
14:24
I am a holder of GPM, but am a bit dismayed at the wide b/o spread, and the persistent discount to NAV.

These two issues have got me thinking that I if want to increase my exposure to gold miners on a break of Gold above 1260, then I should buy SPGP instead (Gold miners ETF, which holds Barrick, Newmont, Rangold etc).

Does anyone else hold SPGP in addition to GPM?

llef
28/2/2016
14:09
Good luck with that. Will be interesting to see how you manage your trades.
brucie5
28/2/2016
13:54
I'm been trickling funds into GPM over the last few weeks, but holding some in reserve for a correction. Right now, I think if you held a gun to my head I'd sell a trading stake now and buy back when the RSI hits somewhere between 50 - 60. However, really depends on how Gold behaves, i.e. when strong buying starts again on the next fall. To be honest, I've not sold yet and would be happy to stomach a 10 - 20% correction. The only thing that would force me to rethink this would be if the 50 day EMA death crosses through the 100 day EMA. Again though, any sell decision would depend on the price action in Gold mirroring this, and also the major miners such as Randgold. The following Randgold chart is begging for a correction:

hxxp://www.stockopedia.com/charts/technical/?Code=LON:RRS&Span=360&Size=L&Type=3&Percentage=0&Volume=1&OVER[]=&OVER[]=&Scale=0&COMP[]=&COMP[]=&COMP[]=&COMP[]=&COMP[]=&IND[]=Vol&IND[]=RSI&IND[]=MACD&IND[]=SStoch&MA[]=50&MA[]=100&MA[]=200&;MAType[]=EMA&MAType[]=EMA&MAType[]=EMA&uniqueID=610&endDate=2016-02-28

Looking at that chart, I reckon Randgold are going to rollover and properly correct this week. I'd like to see what happens when/if the correction in RRS hits the 50 day EMA before coming to any kind of decision on staying in or exiting GPM.

In a nutshell, I guess what I'm trying to say is I don't plan on trying to get clever by attempting to trade GPM right now (if I'd already held Randgold, that would be a different story). However, I will be keeping a close eye on the metal itself and major miners to see how they behave during a correction and will modify my strategy accordingly; especially if the EMAs on the Randgold chart death cross back into bear market territory (looking at the strength of the recent Randgold move though, I think that's unlikely).

jimbo55
28/2/2016
13:48
Everybody has discounted the rise,that's my point.
BUT You never know and you have to sometimes be aware that the unexpected can happen.

hazl
28/2/2016
13:18
Tend to agree with your analysis that GPM is overextended, but where would you sell, and where buy back in? Bear in mind margin spreads and the possibility that it could well go higher before it goes lower - or otherwise not behave at all according to plan! In the meantime Brexit worries will continue to weaken the £ against the $ and we know what will be a beneficiary of that.



PS. I don't think for a moment that the FED will raise rates any time soon.

brucie5
28/2/2016
12:31
I think next week will be pivotal,there is still the possibility that the US could raise interest rates,though that had been largely discounted,or that brexit fears lessen.
I must admit I felt 'twitchy' at the end of last week.
Jumbo I think you have a point.
Gold mining shares are equities,though, and whilst they will be affected by any gold-price drop presumably,I still feel they are at or near a bottom.
Make of that what you will but I did take some shares off the table, even though I think they are winners longer-term.

IMO

hazl
27/2/2016
13:59
Yes, 26/27 may be a hard zone to penetrate, but if the bull continues, we will.

This link doing the rounds, and well worth reading, imo. The recovery seems evident, but not yet unequivocal. A shame he didn't post a chart of GPM while he was about it.

;)

brucie5
26/2/2016
21:11
26-27 is the level of recent historical resistance. share price will need to gather its strength to get through...
bamboo2
26/2/2016
20:51
NAV 29.65. Din't quite get to 30p, but still moves inexorably higher.
brucie5
25/2/2016
14:06
that's why...perhaps... an opposite trade evenish buyers and sellers today by the looks of it
hazl
25/2/2016
13:31
yes I noticed that buy....8-)

expect gold volatility ..is keeping it quiet for now...but good to see interest of that kind

imo

hazl
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