Metals Exploration (LON:MTL) Shares Up 7.2%

Metals Exploration plc (LON:MTLGet Free Report) traded up 7.2% during trading on Thursday . The stock traded as high as GBX 4.30 ($0.05) and last traded at GBX 4.18 ($0.05). 2,965,371 shares were traded during mid-day trading, a decline of 21% from the average session volume of 3,751,077 shares. The stock had previously closed at GBX 3.90 ($0.05).

Metals Exploration Trading Up 7.2 %

The company has a current ratio of 0.44, a quick ratio of 0.22 and a debt-to-equity ratio of 90.91. The stock has a market cap of £87.78 million, a P/E ratio of 104.88 and a beta of 0.28. The firm’s 50-day simple moving average is GBX 4.73 and its 200 day simple moving average is GBX 3.71.

About Metals Exploration

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Metals Exploration plc identifies, acquires, explores for, and develops mining and processing properties in the Philippines. The company primarily explores for precious and base metals. It owns 100% interest in the Runruno gold project located north of Manila. The company was incorporated in 2004 and is based in London, the United Kingdom.

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