Skip to content
Advanced Analysis
Free Trading Signals
Real-Time Alerts
Data & Analytics

Golden Guinea Breweries Plc (NGX: VANLEER) | Share Price

Nigel Firth
Nigel Frith trader
Updated 27 Sep 2022

Golden Guinea Breweries Plc is a Nigeria-based brewing company listed on the Nigerian Stock Exchange (NGX). Its production line has capacity to produce 48 000 bottles per hour. Golden Guinea Breweries Plc’s brewing plant is located in Umuahia and the company has the rights to produce and market Bergedorf premium lager beer and Bergedorf Malta in Nigeria under license from Holsten Brewery.

Latest Golden Guinea Breweries Plc Share Price

The graph above shows the latest Golden Guinea Breweries Plc share price on the Nigerian Stock Exchange. Investors have seen Golden Guinea Breweries Plc shares perform well historically, and it remains a steady investment. Golden Guinea Breweries Plc stock is live on the NGX under the stock symbol of GOLDBREW and is available to trade via several brokers in Nigeria.

Overview of Golden Guinea Breweries Plc

Today, Golden Guinea Breweries Plc’s portfolio of products and services are diversified in more sectors of the Consumer Goods value chain and include the following: the brewing, bottling and marketing of beer, stout and malt drinks

The history of Golden Guinea Breweries Plc goes back to 1962 when it was founded by the Eastern Nigerian regional government as an indigenous competitor to foreign manufacturers in the country. Formerly known as Independence Brewery Limited, the company changed its name to Golden Guinea Breweries in 1971.

Golden Guinea Breweries Plc has its head offices at Afara Layout, Aba Road, Umuahia, Abia State, Nigeria.

The current Managing Director of Golden Guinea Breweries Plc is Okechi N. Ndukwe.

Golden Guinea Breweries Plc’s equity stocks are for sale online on the Nigerian Stock Exchange (NGX) under the stock symbol VANLEER.

Golden Guinea Breweries Plc forms part of the Beverages (Alcoholic) Industry and the Consumer Goods Sector of the Nigerian Stock Exchange (NGX).

TRY INVESTING RISK FREE - OPEN FREE DEMO TRADING ACCOUNT
Golden Guinea Breweries Plc

Golden Guinea Breweries Plc Stock Performance

The current price for Golden Guinea Breweries Plc stocks on the Nigerian Stock Exchange (NGX) is 0.81 Nigerian Naira (NGN).

An analysis of financial data of Golden Guinea Breweries Plc showed that the company has a total market capitalisation of 830 Million NGN, with a total of 42.6 Million shares were outstanding.

With an increase of earnings per share and reliable profits over a period, investors who want to buy or sell Golden Guinea Breweries Plc stocks can look forward to more profitable dividends and earnings in times to come.

According to an analysis on the live chart of Golden Guinea Breweries Plc, analysts forecast further improved performance for the Consumer Goods sector with market share growing as trading volumes increase.

Golden Guinea Brew

Highlights of Golden Guinea Breweries Plc in 2021

GOLDBREW closed its last trading day (Friday, October 29, 2021) at 0.81 NGN per share.

Golden Guinea Breweries Plc is currently the 129th most-traded stock on the NGX and it has experienced a total trading volume of 20,288 shares, which were finalised in 13 deals and were valued at a total of 18,056 Nigerian Naira (NGN) over the recent three month period from August to November 2021, with an average of 322 shares in each trading session.

During the same period a volume high of 11,442 was achieved on 18 October.

Golden Guinea Brew - How To Trade

How to buy Golden Guinea Breweries Plc stocks – Step by Step

The stock market is one of the most attractive financial markets that sees millions of retail investors and traders participating daily. To buy, sell or trade Golden Guinea Breweries Plc stocks on the Nigerian Stock Exchange (NGX), traders and investors can follow a few simple steps:

  1. Find the share that you want to buy, in this case, “VANLEER”.
  2. Select a forex broker that offers access to the Nigerian Stock Exchange (NGX).
  3. Review the broker's trading conditions, fees, deposit and withdrawal methods, trading platform, customer support, regulation, and other components to ensure that they are aligned with your trading plan.
  4. Open a live trading account with the broker by completing the online application form and providing the necessary documentation to verify the trading account.
  5. Once your account has been activated, you are ready to make your first share purchase through the broker.
  6. From here you can start to build and diversify your portfolio by buying more shares.

FAQs

The Nigerian Stock Exchange (NGX) (officially the Nigerian Exchange Group) is a leading integrated market organisation in Africa servicing the continent’s largest economy, that of Nigeria. The Exchange provides capital access to companies that seek to take advantage of the financial markets to fund their business expansion. The NGX also provides its collection of domestic, regional, and international investors with an array of regulated securities to achieve their investment objectives.

The NGX publishes the benchmark, value-weighted All-Share Index (ASI), formulated in January 1984 with a base value of 100 and which tracks the general market movement of all listed equities on the Exchange.

The NGX30 and NGX50 are additional indices that track the top 30 and 50 companies in terms of market capitalization and liquidity respectively. Only fully paid-up common shares weighted by adjusted market capitalization are admitted to these indices.

In March 2021, the Nigerian Stock Exchange was transformed into a shareholder-owned, profit making entity, the Nigerian Exchange Group Plc, when it was demutualised from a member-owned not-for-profit entity.

People Who Read This Also Read:

Nigel Firth
Nigel Frith trader
Nigel has been in the regulated financial services industry for nearly a decade, has previously owned a financial brokerage and has written many times for sites relating to personal finance and trading.