Metals Exploration (LON:MTL) Share Price Crosses Below 200-Day Moving Average of $0.71

Shares of Metals Exploration Plc (LON:MTL) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.71 and traded as low as $0.83. Metals Exploration shares last traded at $0.88, with a volume of 5,140,835 shares trading hands.

The business has a fifty day simple moving average of GBX 0.67 and a two-hundred day simple moving average of GBX 0.71. The company has a current ratio of 0.15, a quick ratio of 0.08 and a debt-to-equity ratio of 79.26. The company has a market cap of $18.12 million and a PE ratio of -0.10.

Metals Exploration Company Profile (LON:MTL)

Metals Exploration plc identifies, acquires, explore for, and develop mining properties in the Western Pacific Rim region. The company primarily explores for precious and base metals. It owns 100% interest in the Runruno gold-molybdenum project located north of the Philippines. Metals Exploration plc was founded in 2004 and is based in London, the United Kingdom.

Further Reading: What is an Initial Coin Offering (ICO)?

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