Shares of Metals Exploration plc (LON:MTL – Get Free Report) shot up 12% during trading on Tuesday . The stock traded as high as GBX 5.45 ($0.07) and last traded at GBX 5.43 ($0.07). 469,990 shares were traded during trading, a decline of 84% from the average session volume of 2,929,382 shares. The stock had previously closed at GBX 4.85 ($0.06).
Metals Exploration Stock Up 13.0 %
The company has a quick ratio of 0.22, a current ratio of 2.67 and a debt-to-equity ratio of 17.84. The business has a 50-day simple moving average of GBX 4.96 and a 200-day simple moving average of GBX 4.72. The company has a market cap of £94.84 million, a PE ratio of 97.00 and a beta of 0.19.
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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