Metals Exploration (LON:MTL) Shares Pass Below 200 Day Moving Average – Here’s What Happened

Metals Exploration plc (LON:MTLGet Free Report) shares crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 14.18 and traded as low as GBX 12.55. Metals Exploration shares last traded at GBX 12.70, with a volume of 6,681,626 shares changing hands.

Metals Exploration Stock Up 0.8%

The business’s 50-day simple moving average is GBX 13.62 and its two-hundred day simple moving average is GBX 14.18. The firm has a market cap of £378.47 million, a price-to-earnings ratio of 13.09 and a beta of 1.21.

About Metals Exploration

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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.

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