Metals Exploration (LON:MTL) Hits New 52-Week High – What’s Next?

Metals Exploration plc (LON:MTLGet Free Report)’s share price reached a new 52-week high on Monday . The stock traded as high as GBX 8 ($0.11) and last traded at GBX 7.70 ($0.10), with a volume of 11403143 shares changing hands. The stock had previously closed at GBX 7.55 ($0.10).

Metals Exploration Price Performance

The company has a market capitalization of £249.59 million, a price-to-earnings ratio of 1.45 and a beta of 0.19. The stock has a 50 day simple moving average of GBX 6.67 and a two-hundred day simple moving average of GBX 6.01.

Insider Buying and Selling at Metals Exploration

In other news, insider Andrew Chubb bought 69,890 shares of the firm’s stock in a transaction dated Monday, March 31st. The stock was acquired at an average price of GBX 6 ($0.08) per share, for a total transaction of £4,193.40 ($5,576.33). 65.03% of the stock is owned by corporate insiders.

About Metals Exploration

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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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