Free Trial

Metals Exploration (LON:MTL) Stock Passes Below Two Hundred Day Moving Average - Here's Why

Metals Exploration logo with Basic Materials background
Remove Ads

Metals Exploration plc (LON:MTL - Get Free Report) shares passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 5.54 ($0.07) and traded as low as GBX 5.40 ($0.07). Metals Exploration shares last traded at GBX 5.56 ($0.07), with a volume of 8,039,368 shares.

Metals Exploration Trading Down 0.5 %

The company has a fifty day simple moving average of GBX 5.75 and a 200-day simple moving average of GBX 5.57. The stock has a market cap of £174.15 million, a price-to-earnings ratio of 1.01 and a beta of 0.19.

Insider Activity

In other Metals Exploration news, insider David Cather acquired 500,000 shares of Metals Exploration stock in a transaction that occurred on Friday, February 7th. The stock was purchased at an average cost of GBX 6 ($0.08) per share, with a total value of £30,000 ($38,779.73). 65.03% of the stock is owned by company insiders.

About Metals Exploration

(Get Free Report)

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.

Read More

Should You Invest $1,000 in Metals Exploration Right Now?

Before you consider Metals Exploration, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Metals Exploration wasn't on the list.

While Metals Exploration currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Investing Strategies To Help Grow Your Retirement Income Cover

Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.

Get This Free Report
Like this article? Share it with a colleague.
Remove Ads

Featured Articles and Offers

Recent Videos

Trump Tariffs Tumble the Stock Market—Here’s How to Protect Your Money
Donald Trump Owns These 7 Stocks, Should You?
 5 Stocks to BUY NOW in April 2025

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines

Remove Ads