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Metals Exploration (LON:MTL) Reaches New 1-Year High - What's Next?

Metals Exploration logo with Basic Materials background

Shares of Metals Exploration plc (LON:MTL - Get Free Report) reached a new 52-week high during trading on Monday . The stock traded as high as GBX 10.60 ($0.14) and last traded at GBX 10.60 ($0.14), with a volume of 11523634 shares traded. The stock had previously closed at GBX 10.25 ($0.14).

Metals Exploration Price Performance

The company has a market capitalization of £324.06 million, a PE ratio of 1.88 and a beta of 0.19. The business has a 50-day moving average of GBX 8.27 and a 200 day moving average of GBX 6.61.

Insider Activity at Metals Exploration

In related news, insider Andrew Chubb bought 69,890 shares of Metals Exploration stock in a transaction dated Monday, March 31st. The shares were acquired at an average cost of GBX 6 ($0.08) per share, with a total value of £4,193.40 ($5,708.41). Also, insider Tim Livesey sold 2,500,000 shares of the firm's stock in a transaction on Friday, May 30th. The stock was sold at an average price of GBX 8 ($0.11), for a total value of £200,000 ($272,257.01). 65.03% of the stock is currently owned by insiders.

Metals Exploration Company Profile

(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.

Further Reading

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