Metals Exploration plc (LON:MTL – Get Free Report) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 7.10 ($0.09) and last traded at GBX 7 ($0.09), with a volume of 9504296 shares. The stock had previously closed at GBX 6.70 ($0.09).
Metals Exploration Stock Up 4.1 %
The company has a market capitalization of £236.17 million, a PE ratio of 1.37 and a beta of 0.19. The firm has a 50-day moving average of GBX 5.92 and a two-hundred day moving average of GBX 5.72.
Insider Buying and Selling
In other news, insider Andrew Chubb purchased 69,890 shares of the stock in a transaction dated Monday, March 31st. The stock was acquired at an average cost of GBX 6 ($0.08) per share, for a total transaction of £4,193.40 ($5,563.75). Also, insider David Cather acquired 500,000 shares of the business’s stock in a transaction that occurred on Friday, February 7th. The stock was purchased at an average price of GBX 6 ($0.08) per share, for a total transaction of £30,000 ($39,803.64). Corporate insiders own 65.03% of the company’s stock.
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.
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