Metals Exploration (LON:MTL) Stock Passes Above 200 Day Moving Average of $3.54

Metals Exploration plc (LON:MTLGet Free Report) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 3.54 ($0.04) and traded as high as GBX 4.70 ($0.06). Metals Exploration shares last traded at GBX 4.25 ($0.05), with a volume of 6,380,580 shares changing hands.

Metals Exploration Price Performance

The company’s fifty day moving average price is GBX 4.83 and its 200 day moving average price is GBX 3.54. The company has a debt-to-equity ratio of 90.91, a quick ratio of 0.22 and a current ratio of 0.44. The firm has a market capitalization of £89.42 million, a price-to-earnings ratio of 212.90 and a beta of 0.31.

Metals Exploration Company Profile

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Metals Exploration plc identifies, acquires, explores for, and develop mining properties in Philippines. The company primarily explores for precious and base metals. It owns 100% interest in the Runruno gold project located north of the Philippines. The company was incorporated in 2004 and is based in London, the United Kingdom.

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