Shares of Metals Exploration plc (LON:MTL - Get Free Report) reached a new 52-week high during trading on Monday . The company traded as high as GBX 9 ($0.12) and last traded at GBX 8.86 ($0.12), with a volume of 18027193 shares. The stock had previously closed at GBX 8.50 ($0.12).
Metals Exploration Trading Down 0.7%
The firm has a market capitalization of £280.63 million, a PE ratio of 1.63 and a beta of 0.19. The firm has a 50-day moving average of GBX 7.36 and a two-hundred day moving average of GBX 6.23.
Insiders Place Their Bets
In related news, insider Tim Livesey sold 2,500,000 shares of the company's stock in a transaction on Friday, May 30th. The shares were sold at an average price of GBX 8 ($0.11), for a total transaction of £200,000 ($271,039.44). Also, insider Andrew Chubb purchased 69,890 shares of the firm's stock in a transaction that occurred on 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 ($5,682.88). 65.03% of the stock is currently owned by insiders.
Metals Exploration Company Profile
(
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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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