Metals Exploration plc (LON:MTL - Get Free Report) shares shot up 8.8% during mid-day trading on Friday . The company traded as high as GBX 13.10 ($0.18) and last traded at GBX 13 ($0.18). 26,504,195 shares were traded during trading, an increase of 175% from the average session volume of 9,629,873 shares. The stock had previously closed at GBX 11.95 ($0.16).
Metals Exploration Price Performance
The firm has a market cap of £421.27 million, a P/E ratio of 2.44 and a beta of 0.19. The firm's 50-day moving average price is GBX 8.85 and its 200 day moving average price is GBX 6.90.
Insider Buying and Selling at Metals Exploration
In other news, insider Tim Livesey sold 2,500,000 shares of the 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 ($273,037.54). Corporate insiders own 65.03% of the company's stock.
About Metals Exploration
(
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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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