Insider Buying: Metals Exploration plc (LON:MTL) Insider Purchases 500,000 Shares of Stock

Metals Exploration plc (LON:MTL) insider David Cather acquired 500,000 shares of Metals Exploration stock in a transaction on Friday, February 7th. The shares were purchased at an average cost of GBX 6 ($0.07) per share, for a total transaction of £30,000 ($37,073.65).

Metals Exploration Stock Performance

MTL stock opened at GBX 5.93 ($0.07) on Tuesday. The company has a quick ratio of 0.22, a current ratio of 2.67 and a debt-to-equity ratio of 17.84. Metals Exploration plc has a twelve month low of GBX 2.51 ($0.03) and a twelve month high of GBX 6.94 ($0.09). The business’s fifty day moving average is GBX 5.59 and its 200-day moving average is GBX 5.37. The company has a market cap of £102.55 million, a P/E ratio of 118.56 and a beta of 0.19.

Metals Exploration Company Profile

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.