Free Trial

Metals Exploration (LON:MTL) Stock Price Up 9.7% - Here's What Happened

Metals Exploration logo with Basic Materials background

Key Points

  • Metals Exploration plc shares surged by 9.7%, reaching a trading high of GBX 14.70 ($0.20), following an increase in daily trading volume by 9% compared to the average.
  • The company, which is a gold producer in the Philippines, owns the Runruno Gold Project in the Northern Philippines.
  • Metals Exploration has a market capitalization of £428.81 million and an exceptionally high P/E ratio of 1,144.92.
  • Five stocks we like better than Metals Exploration.

Metals Exploration plc (LON:MTL - Get Free Report)'s stock price was up 9.7% on Tuesday . The stock traded as high as GBX 14.70 ($0.20) and last traded at GBX 14.49 ($0.20). Approximately 10,813,816 shares changed hands during mid-day trading, an increase of 9% from the average daily volume of 9,964,479 shares. The stock had previously closed at GBX 13.20 ($0.18).

Metals Exploration Stock Down 1.5%

The firm has a 50 day moving average of GBX 13.40 and a two-hundred day moving average of GBX 9.66. The firm has a market capitalization of £377.46 million, a price-to-earnings ratio of 1,007.81 and a beta of 0.19.

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.

See Also

Should You Invest $1,000 in Metals Exploration Right Now?

Before you consider Metals Exploration, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Metals Exploration wasn't on the list.

While Metals Exploration currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

The Best High-Yield Dividend Stocks for 2025 Cover

Discover the 10 Best High-Yield Dividend Stocks for 2025 and secure reliable income in uncertain markets. Download the report now to identify top dividend payers and avoid common yield traps.

Get This Free Report
Like this article? Share it with a colleague.