Shares of Metals Exploration plc (LON:MTL – Get Free Report) were down 8.2% during mid-day trading on Thursday . The stock traded as low as GBX 12.30 ($0.17) and last traded at GBX 12.30 ($0.17). Approximately 9,685,609 shares traded hands during trading, a decline of 3% from the average daily volume of 10,009,228 shares. The stock had previously closed at GBX 13.40 ($0.18).
Metals Exploration Trading Up 6.1%
The business’s fifty day moving average is GBX 12.66 and its 200 day moving average is GBX 8.77. The company has a market cap of £422.89 million, a P/E ratio of 2.45 and a beta of 0.19.
Insider Activity at Metals Exploration
In other news, insider Tim Livesey sold 2,500,000 shares of the company’s stock in a transaction on Friday, May 30th. The stock was sold at an average price of GBX 8, for a total transaction of £200,000. 65.03% of the stock is owned by corporate insiders.
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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