Metal Tiger (LON:MTR) Share Price Passes Below 50 Day Moving Average – Should You Sell?

Metal Tiger plc (LON:MTR) passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 9.06 ($0.12) and traded as low as GBX 8 ($0.10). Metal Tiger shares last traded at GBX 9.06 ($0.12), with a volume of 2,460,222 shares traded.

Metal Tiger Price Performance

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

Metal Tiger Company Profile

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.