Metals Exploration plc (LON:MTL - Get Free Report)'s stock price shot up 8.8% during 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 Stock Performance
The firm has a 50 day simple moving average of GBX 9.09 and a two-hundred day simple moving average of GBX 7.03. The stock has a market cap of £447.20 million, a P/E ratio of 2.60 and a beta of 0.19.
Insider Activity
In related news, insider Tim Livesey sold 2,500,000 shares of the stock in a transaction dated Friday, May 30th. The stock was sold at an average price of GBX 8 ($0.11), for a total value of £200,000 ($272,219.95). 65.03% of the stock is owned by 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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