Metals Exploration (LON:MTL) Share Price Passes Above 50 Day Moving Average – Time to Sell?

Shares of Metals Exploration plc (LON:MTLGet Free Report) crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 6.45 ($0.09) and traded as high as GBX 7.90 ($0.11). Metals Exploration shares last traded at GBX 7.80 ($0.10), with a volume of 2,641,933 shares traded.

Metals Exploration Stock Up 1.3 %

The stock has a market capitalization of £252.76 million, a PE ratio of 1.47 and a beta of 0.19. The stock’s 50-day moving average is GBX 6.45 and its 200 day moving average is GBX 5.96.

Insider Buying and Selling at Metals Exploration

In related news, insider Andrew Chubb bought 69,890 shares of the firm’s stock in a transaction dated Monday, March 31st. The stock was bought at an average cost of GBX 6 ($0.08) per share, for a total transaction of £4,193.40 ($5,578.56). Corporate insiders own 65.03% of the company’s stock.

About Metals Exploration

(Get Free Report)

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.

Featured Articles

Receive News & Ratings for Metals Exploration Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Metals Exploration and related companies with MarketBeat.com's FREE daily email newsletter.