Metals Exploration plc (LON:MTL) Insider Sells £175,000 in Stock

Metals Exploration plc (LON:MTL) insider Andrew Chubb sold 2,500,000 shares of the stock in a transaction on Monday, October 28th. The shares were sold at an average price of GBX 7 ($0.09), for a total transaction of £175,000 ($226,948.52).

Metals Exploration Price Performance

MTL opened at GBX 6.40 ($0.08) on Friday. The stock’s 50 day moving average price is GBX 5.44 and its 200-day moving average price is GBX 4.86. Metals Exploration plc has a 52-week low of GBX 2 ($0.03) and a 52-week high of GBX 6.94 ($0.09). The stock has a market capitalization of £110.72 million, a PE ratio of 127.60 and a beta of 0.19. The company has a debt-to-equity ratio of 17.84, a quick ratio of 0.22 and a current ratio of 2.67.

About Metals Exploration

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.