Metals Exploration plc (LON:MTL – Get Free Report) shares passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 5.58 ($0.07) and traded as low as GBX 5.36 ($0.07). Metals Exploration shares last traded at GBX 5.36 ($0.07), with a volume of 5,069,633 shares changing hands.
Metals Exploration Stock Up 0.6 %
The stock’s 50-day simple moving average is GBX 5.65 and its 200 day simple moving average is GBX 5.59. The company has a market cap of £179.37 million, a price-to-earnings ratio of 1.04 and a beta of 0.19.
Insiders Place Their Bets
In related news, insider David Cather bought 500,000 shares of the firm’s stock in a transaction that occurred on Friday, February 7th. The stock was purchased at an average cost of GBX 6 ($0.08) per share, for a total transaction of £30,000 ($38,624.95). 65.03% of the stock is owned by insiders.
About Metals Exploration
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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