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Metals Exploration (LON:MTL) Share Price Passes Above 200 Day Moving Average - Time to Sell?

Metals Exploration logo with Basic Materials background

Key Points

  • Metals Exploration plc shares have recently crossed above their two hundred day moving average, indicating potential upward momentum in trading.
  • The stock's current trading price is GBX 12.60 ($0.17), despite a recent decrease of 1.6% in value.
  • Metals Exploration is a gold producer based in the Philippines, fully owning the Runruno Gold Project.
  • Five stocks we like better than Metals Exploration.

Metals Exploration plc (LON:MTL - Get Free Report) shares crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 9.34 ($0.13) and traded as high as GBX 12.90 ($0.17). Metals Exploration shares last traded at GBX 12.60 ($0.17), with a volume of 8,948,277 shares traded.

Metals Exploration Trading Down 1.6%

The business's fifty day simple moving average is GBX 13.27 and its 200 day simple moving average is GBX 9.34. The stock has a market cap of £368.68 million, a price-to-earnings ratio of 984.38 and a beta of 0.19.

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.

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