Shares of Metals Exploration plc (LON:MTL - Get Free Report) were down 10.7% during mid-day trading on Tuesday . The company traded as low as GBX 14 ($0.19) and last traded at GBX 14.29 ($0.19). Approximately 27,135,412 shares were traded during trading, an increase of 163% from the average daily volume of 10,335,005 shares. The stock had previously closed at GBX 16 ($0.21).
Metals Exploration Price Performance
The stock has a 50-day simple moving average of GBX 10.24 and a 200-day simple moving average of GBX 7.53. The stock has a market cap of £414.79 million, a PE ratio of 2.41 and a beta of 0.19.
Insider Buying and Selling at Metals Exploration
In other news, insider Tim Livesey sold 2,500,000 shares of the company's 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 ($268,564.52). 65.03% of the stock is owned by insiders.
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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