Insider Buying: Metals Exploration plc (LON:MTL) Insider Acquires 500,000 Shares of Stock

Metals Exploration plc (LON:MTL) insider David Cather purchased 500,000 shares of the company’s stock in a transaction dated Friday, February 7th. The stock was bought at an average price of GBX 6 ($0.07) per share, with a total value of £30,000 ($37,341.30).

Metals Exploration Price Performance

MTL stock opened at GBX 6 ($0.07) on Thursday. The company has a debt-to-equity ratio of 17.84, a current ratio of 2.67 and a quick ratio of 0.22. The business has a 50 day simple moving average of GBX 5.61 and a 200-day simple moving average of GBX 5.39. The firm has a market capitalization of £103.80 million, a PE ratio of 120.00 and a beta of 0.19. Metals Exploration plc has a 1 year low of GBX 2.51 ($0.03) and a 1 year high of GBX 6.94 ($0.09).

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.