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

Metals Exploration plc (LON:MTL) insider Andrew Chubb sold 2,500,000 shares of the company’s stock in a transaction that occurred on Monday, October 28th. The stock was sold at an average price of GBX 7 ($0.09), for a total transaction of £175,000 ($226,948.52).

Metals Exploration Stock Performance

Shares of MTL opened at GBX 6.40 ($0.08) on Friday. The company has a current ratio of 2.67, a quick ratio of 0.22 and a debt-to-equity ratio of 17.84. Metals Exploration plc has a 12-month low of GBX 2 ($0.03) and a 12-month high of GBX 6.94 ($0.09). The company has a market cap of £110.72 million, a PE ratio of 127.60 and a beta of 0.19. The stock has a 50-day moving average price of GBX 5.44 and a 200-day moving average price of GBX 4.86.

Metals Exploration Company Profile

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.