Metals Exploration plc (LON:MTL) Insider Andrew Chubb Sells 2,500,000 Shares of Stock

Metals Exploration plc (LON:MTL) insider Andrew Chubb sold 2,500,000 shares of Metals Exploration stock in a transaction dated Monday, October 28th. The stock was sold at an average price of GBX 7 ($0.09), for a total value of £175,000 ($226,948.52).

Metals Exploration Price Performance

Shares of MTL stock opened at GBX 6.35 ($0.08) on Thursday. The stock has a 50-day moving average price of GBX 5.41 and a 200 day moving average price of GBX 4.85. 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 firm has a market cap of £109.86 million, a price-to-earnings ratio of 129.04 and a beta of 0.19. Metals Exploration plc has a 12 month low of GBX 2 ($0.03) and a 12 month high of GBX 6.94 ($0.09).

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.