Metals Exploration plc (LON:MTL – Get Free Report) shares fell 15.1% on Thursday . The company traded as low as GBX 4.46 ($0.06) and last traded at GBX 4.46 ($0.06). 7,800,665 shares changed hands during mid-day trading, an increase of 153% from the average session volume of 3,084,965 shares. The stock had previously closed at GBX 5.25 ($0.07).
Metals Exploration Stock Down 14.3 %
The company has a market cap of £94.50 million, a price-to-earnings ratio of 262.50 and a beta of 0.31. The company has a debt-to-equity ratio of 90.91, a quick ratio of 0.22 and a current ratio of 0.44. The stock’s fifty day moving average is GBX 4.76 and its two-hundred day moving average is GBX 3.38.
About Metals Exploration
Metals Exploration plc identifies, acquires, explores for, and develop mining properties in Philippines. The company primarily explores for precious and base metals. It owns 100% interest in the Runruno gold project located north of the Philippines. The company was incorporated in 2004 and is based in London, the United Kingdom.
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