Insider Selling: Metals Exploration plc (LON:MTL) Insider Sells 2,500,000 Shares of Stock

Metals Exploration plc (LON:MTL) insider Andrew Chubb sold 2,500,000 shares of Metals Exploration stock in a transaction on 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 Stock Performance

Metals Exploration stock traded up GBX 0.15 ($0.00) during mid-day trading on Wednesday, reaching GBX 6.45 ($0.08). 3,378,587 shares of the company’s stock were exchanged, compared to its average volume of 3,005,555. The business’s fifty day simple moving average is GBX 5.38 and its 200 day simple moving average is GBX 4.85. The firm has a market capitalization of £111.62 million, a PE ratio of 127.98 and a beta of 0.19. Metals Exploration plc has a one year low of GBX 2 ($0.03) and a one year high of GBX 6.94 ($0.09). The company has a quick ratio of 0.22, a current ratio of 2.67 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.