Shares of Metals Exploration plc (LON:MTL – Get Free Report) traded up 8.8% during mid-day trading on Friday . The company traded as high as GBX 13.10 ($0.18) and last traded at GBX 13 ($0.18). 26,504,195 shares were traded during mid-day trading, an increase of 175% from the average session volume of 9,629,873 shares. The stock had previously closed at GBX 11.95 ($0.16).
Metals Exploration Trading Up 10.0%
The business has a 50 day moving average of GBX 8.96 and a 200-day moving average of GBX 6.96. The stock has a market cap of £463.40 million, a PE ratio of 2.69 and a beta of 0.19.
Insiders Place Their Bets
In other Metals Exploration news, insider Tim Livesey sold 2,500,000 shares of the business’s stock in a transaction on Friday, May 30th. The stock was sold at an average price of GBX 8 ($0.11), for a total value of £200,000 ($272,888.53). Company insiders own 65.03% of the company’s stock.
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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