Metals Exploration plc (LON:MTL – Get Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 5.30 ($0.07) and traded as high as GBX 6.10 ($0.08). Metals Exploration shares last traded at GBX 5.90 ($0.07), with a volume of 5,228,170 shares trading hands.
Metals Exploration Price Performance
The company has a 50 day moving average price of GBX 5.64 and a 200 day moving average price of GBX 5.30. The company has a market capitalization of £102.07 million, a price-to-earnings ratio of 118.00 and a beta of 0.19. The company has a current ratio of 2.67, a quick ratio of 0.22 and a debt-to-equity ratio of 17.84.
Insider Activity
In other news, insider Andrew Chubb sold 2,500,000 shares of Metals Exploration stock in a transaction on Monday, October 28th. The stock was sold at an average price of GBX 7 ($0.09), for a total value of £175,000 ($218,449.63). Insiders own 65.03% of the company’s stock.
About Metals Exploration
Metals Exploration Plc is a gold producer in the Philippines. It is the 100% owner of the Runruno Gold Project located in the Northern Philippines.
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