Metals Exploration (LON:MTL) Sets New 52-Week High – Here’s What Happened

Metals Exploration plc (LON:MTLGet Free Report) reached a new 52-week high on Wednesday . The company traded as high as GBX 7.10 ($0.09) and last traded at GBX 7 ($0.09), with a volume of 9504296 shares. The stock had previously closed at GBX 6.70 ($0.09).

Metals Exploration Stock Performance

The stock’s fifty day moving average is GBX 5.86 and its two-hundred day moving average is GBX 5.70. The firm has a market capitalization of £226.84 million, a price-to-earnings ratio of 1.32 and a beta of 0.19.

Insider Activity

In other news, insider David Cather acquired 500,000 shares of Metals Exploration stock in a transaction on Friday, February 7th. The stock was bought at an average cost of GBX 6 ($0.08) per share, with a total value of £30,000 ($39,703.55). Also, insider Andrew Chubb acquired 69,890 shares of Metals Exploration stock in a transaction that occurred on Monday, March 31st. The stock was acquired at an average cost of GBX 6 ($0.08) per share, with a total value of £4,193.40 ($5,549.76). Company 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.

See Also

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.