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Goldplat ( (GB:GDP) ) has issued an update.
Goldplat plc announced that its CEO, Werner Klingenberg, has exercised options to acquire 2,000,000 ordinary shares, which were due to lapse but were extended due to a close period. Klingenberg sold 1,000,000 shares to fund the option exercise, resulting in a shareholding of 1,150,000 shares, representing 0.68% of the company’s voting rights. The company is applying for the admission of these new shares to the AIM market, which will bring the total shares in issue to 169,782,667.
Spark’s Take on GB:GDP Stock
According to Spark, TipRanks’ AI Analyst, GB:GDP is a Outperform.
Goldplat’s strong financial performance, evidenced by impressive revenue and cash flow growth, is the primary driver of its solid score. The technical analysis indicates positive momentum, although caution is advised due to potential overbought conditions. The stock’s valuation is attractive with a low P/E ratio, offsetting the lack of dividend yield. Overall, Goldplat is well-positioned for growth, bolstered by strategic expansions and effective financial management.
To see Spark’s full report on GB:GDP stock, click here.
More about Goldplat
Goldplat plc is a company listed on the AIM market, operating in the mining and exploration sector, primarily focused on gold production.
YTD Price Performance: -13.79%
Average Trading Volume: 235,767
Technical Sentiment Signal: Strong Buy
Current Market Cap: £10.49M
Find detailed analytics on GDP stock on TipRanks’ Stock Analysis page.