Skip to main content
  • Register
  • Help
  • Contact us
  • Log out of your HL account

Golden Prospect Precious Metals Ltd (GPM) Ord Gbp0.001

Sell:27.00p Buy:27.20p 0 Change: 0.40p (1.50%)
Market closed Prices as at close on 18 October 2019 Prices delayed by at least 15 minutes | Switch to live prices |
Sell:27.00p
Buy:27.20p
Change: 0.40p (1.50%)
Market closed Prices as at close on 18 October 2019 Prices delayed by at least 15 minutes | Switch to live prices |
Sell:27.00p
Buy:27.20p
Change: 0.40p (1.50%)
Market closed Prices as at close on 18 October 2019 Prices delayed by at least 15 minutes | Switch to live prices |
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Objective

The Company aims to generate above average returns for Shareholders primarily through the capital appreciation of its investments. The Directors believe that such returns can be obtained by investing in a selective portfolio of securities and other instruments in the precious metals sector. The Company will target equity investments in precious metals, including gold, silver, platinum, palladium and in diamonds.
Security Weight
West African Resources Ltd 9.18%
Westgold Resources Ltd 8.66%
Guyana Goldfields Inc 5.89%
Americas Silver Corp 4.97%
Asanko Gold Inc 4.54%
Continental Gold Inc 4.45%
Ascendant Resources Inc 4.11%
Roxgold Inc 4.08%
Doray Minerals 3.93%
Pretium Resources Inc 3.41%
Sector Weight
Basic Materials 76.24%
Country Weight
Canada 47.16%
Australia 25.79%
Peru 2.28%
United Kingdom 1.02%
Mexico 0.36%

Fee Structure

Management fee of 1.25% of NAV p.a., paid monthly in arrears on the first GBP 20m, and of 1.00% on NAV above that. No performance fee to be paid. The agreement is for an initial period of 5 years and thereafter will be terminable on notice period of 12 months.

Dividend Policy

The Company does not expect to distribute any income or gains from the investments of Company.

ASSET SPLIT

Total number of holdings: 46.

Trust Manager

Keith Watson

Manager Bio

Not currently available for this investment trust.

Board Of Directors

Malcolm BurneChairman, Graeme Ross, Robert King, Toby Birch

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Objective, holding data, trust manager and bio information, dividend policy, asset split and fee structure are provided by Morningstar.

The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.