Golden Prospect – Duff Interims but No Problem…..Still A Buy.
By Nigel Somerville | Sunday 30 October 2022
Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Fully-listed (mainly) Gold investor, Golden Prospect (GPM) released its interims to June 2022 last week. With the Gold price slipping over the period and Gold miners underperforming the metal, the numbers were not good – hardly a surprise, given that Golden Prospect’s shares outperform in both directions – but reader Goobs spotted what looked at first sight like it might be a bit of a problemo. I made a few enquiries……
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