Shares of Metals Exploration plc (LON:MTL – Get Free Report) shot up 4.4% on Monday . The company traded as high as GBX 4.80 ($0.06) and last traded at GBX 4.61 ($0.06). 1,971,306 shares traded hands during trading, a decline of 47% from the average session volume of 3,692,550 shares. The stock had previously closed at GBX 4.42 ($0.06).
Metals Exploration Trading Up 8.6 %
The stock has a market cap of £100.80 million, a price-to-earnings ratio of 107.50 and a beta of 0.28. The company has a debt-to-equity ratio of 90.91, a current ratio of 0.44 and a quick ratio of 0.22. The company’s fifty day moving average price is GBX 4.54 and its 200-day moving average price is GBX 3.80.
About Metals Exploration
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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