Metals Exploration plc (LON:MTL – Get Free Report)’s share price rose 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). Approximately 10,998,365 shares changed hands during mid-day trading, an increase of 117% from the average daily 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 Metals Exploration stock in a transaction dated Monday, March 31st. The shares were purchased at an average cost of GBX 6 ($0.08) per share, for a total transaction of £4,193.40 ($5,421.33).
Metals Exploration Stock Performance
The stock has a market cap of £217.12 million, a P/E ratio of 1.26 and a beta of 0.19. The stock’s fifty day moving average is GBX 5.68 and its 200 day moving average is GBX 5.62.
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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