Metals Exploration plc (LON:MTL - Get Free Report) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 7.70 ($0.10) and last traded at GBX 7.50 ($0.10), with a volume of 14742096 shares changing hands. The stock had previously closed at GBX 7.30 ($0.10).
Metals Exploration Price Performance
The firm has a market capitalization of £248.68 million, a price-to-earnings ratio of 1.44 and a beta of 0.19. The firm's 50-day moving average price is GBX 6.08 and its 200 day moving average price is GBX 5.82.
Insiders Place Their Bets
In related news, insider Andrew Chubb acquired 69,890 shares of the company's stock in a transaction that occurred on Monday, March 31st. The stock was purchased at an average price of GBX 6 ($0.08) per share, for a total transaction of £4,193.40 ($5,577.07). Also, insider David Cather bought 500,000 shares of Metals Exploration stock in a transaction on Friday, February 7th. The stock was purchased at an average price of GBX 6 ($0.08) per share, for a total transaction of £30,000 ($39,898.92). 65.03% of the stock is currently owned by company 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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