Insider Selling: 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 dated Monday, October 28th. The stock was sold at an average price of GBX 7 ($0.09), for a total value of £175,000 ($226,948.52).

Metals Exploration Price Performance

MTL stock opened at GBX 6.40 ($0.08) on Friday. The firm has a 50 day moving average of GBX 5.46 and a 200-day moving average of GBX 4.86. The firm has a market capitalization of £110.72 million, a P/E ratio of 128.00 and a beta of 0.19. Metals Exploration plc has a 12 month low of GBX 2 ($0.03) and a 12 month high of GBX 6.94 ($0.09). The company has a current ratio of 2.67, a quick ratio of 0.22 and a debt-to-equity ratio of 17.84.

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.