Metals Exploration plc (LON:MTL – Get Free Report)’s stock price traded up 7% on Tuesday following insider buying activity. The stock traded as high as GBX 6.75 ($0.09) and last traded at GBX 6.70 ($0.09). 10,998,365 shares traded hands during trading, an increase of 117% from the average session volume of 5,060,888 shares. The stock had previously closed at GBX 6.26 ($0.08).
Specifically, insider Andrew Chubb bought 69,890 shares of the firm’s stock in a transaction that occurred on Monday, March 31st. The shares were bought at an average price of GBX 6 ($0.08) per share, with a total value of £4,193.40 ($5,421.33).
Metals Exploration Price Performance
The firm’s 50-day moving average price is GBX 5.68 and its 200-day moving average price is GBX 5.62. The stock has a market cap of £217.12 million, a P/E ratio of 1.26 and a beta of 0.19.
Metals Exploration Company Profile
Metals Exploration Plc is a gold producer in the Philippines. It is the 100% owner of the Runruno Gold Project located in the Northern Philippines.
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