Metal Tiger (LON:MTR) Trading Up 9.8% – Time to Buy?

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

Metal Tiger Trading Up 9.8 %

The business has a 50-day moving average of GBX 9.06 and a 200-day moving average of GBX 9.06. The company has a quick ratio of 2.55, a current ratio of 3.79 and a debt-to-equity ratio of 19.68. The stock has a market cap of £15.35 million, a price-to-earnings ratio of -226.50 and a beta of 1.36.

About Metal Tiger

(Get Free Report)

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.

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