Golden Metal Resources reported a quarterly loss, yet its stock price still rose by GBX 2.38.

Golden Metal Resources (GMET) reported a loss of GBX 0.80 ($0.01) per share for the latest quarter, with negative financial metrics including a net margin of 2,826.67% and return on equity of 9.01%. Despite the losses, GMET's stock price rose by GBX 2.38 ($0.03) to GBX 45.88 ($0.59) on Tuesday. The company, which focuses on mineral projects in Nevada, has a market cap of £70.37 million and a P/E ratio of -57.81.