Evangelos Mytilineos Buys 20,000 Shares of MetalNRG (LON:MTLN) Stock

MetalNRG PLC (LON:MTLN) insider Evangelos Mytilineos bought 20,000 shares of the firm’s stock in a transaction that occurred on Thursday, April 23rd. The stock was purchased at an average cost of GBX 3,442 per share, with a total value of £688,400.

MetalNRG Stock Up 0.9%

MTLN traded up GBX 0.30 on Thursday, hitting GBX 34.12. 3,516,402 shares of the company traded hands, compared to its average volume of 1,886,370. The company has a 50 day moving average of GBX 34.94 and a 200-day moving average of GBX 40.37. The stock has a market capitalization of £48.80 million and a PE ratio of 0.07. MetalNRG PLC has a 12-month low of GBX 30.50 and a 12-month high of GBX 57.73.

About MetalNRG

MetalNRG PLC (LON:MTLN) is a UK-listed exploration and development company concentrating on critical battery and precious metals. The firm’s project portfolio targets nickel, copper, cobalt and platinum group elements (PGEs), which are essential for electric vehicle batteries, renewable energy systems and wider decarbonisation efforts. MetalNRG employs modern exploration techniques, including geophysical surveying, geochemical sampling and drilling campaigns, to identify and advance high-potential mineral prospects.

The company’s primary licences are situated in Scandinavia, where robust mining regulations, established infrastructure and proximity to European battery and automotive supply chains offer strategic advantages.