Metals Exploration (LON:MTL) Sets New 52-Week High – Time to Buy?

Metals Exploration plc (LON:MTLGet Free Report)’s stock price reached a new 52-week high on Thursday . The company traded as high as GBX 6 ($0.08) and last traded at GBX 5.92 ($0.08), with a volume of 6767016 shares. The stock had previously closed at GBX 5.65 ($0.07).

Metals Exploration Trading Up 4.8 %

The company’s fifty day simple moving average is GBX 5.22 and its 200-day simple moving average is GBX 4.82. The firm has a market capitalization of £102.45 million, a PE ratio of 119.12 and a beta of 0.19. The company has a debt-to-equity ratio of 17.84, a current ratio of 2.67 and a quick ratio of 0.22.

Metals Exploration Company Profile

(Get Free Report)

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.

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