Metals Exploration (LON:MTL) Sets New 12-Month High – Time to Buy?

Metals Exploration plc (LON:MTLGet Free Report) shares reached 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 Stock Performance

The company has a current ratio of 2.67, a quick ratio of 0.22 and a debt-to-equity ratio of 17.84. The firm has a market capitalization of £95.15 million, a P/E ratio of 110.80 and a beta of 0.19. The business’s 50 day simple moving average is GBX 5.17 and its two-hundred day simple moving average is GBX 4.81.

About Metals Exploration

(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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