Metal Tiger (LON:MTR) Shares Cross Above 50 Day Moving Average – Here’s Why

Shares of Metal Tiger plc (LON:MTRGet Free Report) passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 9.06 ($0.12) and traded as high as GBX 10 ($0.13). Metal Tiger shares last traded at GBX 9.06 ($0.12), with a volume of 2,460,222 shares changing hands.

Metal Tiger Stock Performance

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

Metal Tiger Company Profile

(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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