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Metals Exploration (LON:MTL) Hits New 1-Year High - Here's Why

Metals Exploration logo with Basic Materials background

Metals Exploration plc (LON:MTL - Get Free Report) shares reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 9 ($0.12) and last traded at GBX 8.90 ($0.12), with a volume of 258667234 shares changing hands. The stock had previously closed at GBX 8.60 ($0.12).

Metals Exploration Stock Up 3.9%

The business has a fifty day moving average price of GBX 7.54 and a 200 day moving average price of GBX 6.32. The company has a market capitalization of £296.16 million, a P/E ratio of 1.72 and a beta of 0.19.

Insider Buying and Selling at Metals Exploration

In other news, insider Andrew Chubb bought 69,890 shares of the firm's 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 ($5,661.40). Also, insider Tim Livesey sold 2,500,000 shares of the business'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 transaction of £200,000 ($270,014.85). 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.

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