Metal Tiger (LON:MTR) Stock Price Up 9.8% – Here’s Why

Metal Tiger plc (LON:MTR) shares were up 9.8% on Thursday . The stock traded as high as GBX 10 ($0.13) and last traded at GBX 9.06 ($0.11). Approximately 2,460,222 shares changed hands during mid-day trading, an increase of 104% from the average daily volume of 1,208,851 shares. The stock had previously closed at GBX 8.25 ($0.10).

Metal Tiger Trading Up 9.8 %

The company has a market capitalization of £15.35 million, a P/E ratio of -226.50 and a beta of 1.36. The company has a debt-to-equity ratio of 19.68, a current ratio of 3.79 and a quick ratio of 2.55. The business’s 50-day moving average price is GBX 9.06 and its two-hundred day moving average price is GBX 9.06.

About Metal Tiger

Metal Tiger plc invests in, explores for, and develops mineral properties in the United Kingdom, Europe, the Middle East, Africa, the Asia Pacific, Australasia, and the Americas. The company operates in two segments, Equity Investments and Project Investments. It explores for gold, copper, tungsten, silver, cobalt, nickel, lithium, iron ore, rare earth, platinum group element, and zinc resources, as well as mineral sands, and base and precious metals.