Goldplat’s (GDP) “Buy” Rating Reiterated at VSA Capital

Goldplat (LON:GDP)‘s stock had its “buy” rating reaffirmed by research analysts at VSA Capital in a note issued to investors on Friday. They currently have a GBX 17 ($0.23) target price on the stock. VSA Capital’s price objective points to a potential upside of 112.50% from the company’s current price.

Shares of Goldplat (GDP) traded up GBX 0.12 ($0.00) during midday trading on Friday, reaching GBX 8 ($0.11). The company’s stock had a trading volume of 870,745 shares, compared to its average volume of 162,600. Goldplat has a 52 week low of GBX 5.10 ($0.07) and a 52 week high of GBX 8.40 ($0.11). The company has a market capitalization of $15.87 and a PE ratio of 800.00.

In related news, insider Gerard Kisbey Green acquired 159,626 shares of Goldplat stock in a transaction on Monday, October 16th. The shares were bought at an average cost of GBX 6 ($0.08) per share, with a total value of £9,577.56 ($12,988.28).

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About Goldplat

Goldplat plc is engaged in the production of gold and other precious metals, by processing by-products of the mining industry, as well as mining itself. Its segments include Recovery operations, which includes the recovery of precious metals from metallurgical challenging materials and the processing of ore, sourced from other mining operations; Mining and exploration, which includes assets held for commercial exploitation of precious metals and exploration assets held where the commercial viability of the ore resource has not yet been evaluated or is in the process of evaluation, and Administration, which includes activities conducted by holding companies in relation to the Company and its subsidiaries.

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