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Metals Exploration (LON:MTL) Hits New 1-Year High - Time to Buy?

Metals Exploration logo with Basic Materials background

Shares of Metals Exploration plc (LON:MTL - Get Free Report) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 15.80 ($0.21) and last traded at GBX 15.50 ($0.21), with a volume of 30773313 shares traded. The stock had previously closed at GBX 14.90 ($0.20).

Metals Exploration Trading Up 2.6%

The firm has a market capitalization of £515.25 million, a PE ratio of 2.99 and a beta of 0.19. The business has a 50 day moving average price of GBX 9.72 and a 200-day moving average price of GBX 7.30.

Insider Activity

In related news, insider Tim Livesey sold 2,500,000 shares of the firm's stock in a transaction that occurred on Friday, May 30th. The stock was sold at an average price of GBX 8 ($0.11), for a total value of £200,000 ($269,796.30). 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

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