Metals Exploration (LON:MTL) Sets New 1-Year High – What’s Next?

Metals Exploration plc (LON:MTLGet Free Report) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 6 ($0.08) and last traded at GBX 5.74 ($0.07), with a volume of 4236355 shares traded. The stock had previously closed at GBX 5.50 ($0.07).

Metals Exploration Price Performance

The stock has a market capitalization of £95.15 million, a PE ratio of 110.80 and a beta of 0.19. 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 stock’s 50 day moving average price is GBX 5.17 and its 200-day moving average price is GBX 4.81.

Metals Exploration Company Profile

(Get Free Report)

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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