Metals Exploration Plc Increases Again; Strong Momentum for Buyers

 Metals Exploration Plc Increases Again; Strong Momentum for Buyers

The stock of Metals Exploration Plc (LON:MTL) is a huge mover today! The stock decreased 2.13% or GBX 0.12 on November 9, hitting GBX 5.75. About 34,653 shares traded hands. Metals Exploration Plc (LON:MTL) has risen 34.29% since April 8, 2016 and is uptrending. It has outperformed by 29.50% the S&P500.
The move comes after 8 months positive chart setup for the GBX 111.89M company. It was reported on Nov, 9 by Barchart.com. We have GBX 12.31 PT which if reached, will make LON:MTL worth GBX 127.55M more.

Another recent and important Metals Exploration Plc (LON:MTL) news was published by Bloomberg.com which published an article titled: “Ecuador Says BHP, Billionaire Rinehart Join Metals Chase” on November 08, 2016.

Metals Exploration plc is a United Kingdom holding company. The company has a market cap of 111.89 million GBP. The Company’s principal activity is to identify, acquire and develop mining and processing projects, mining companies, businesses or opportunities with particular emphasis on precious and base metals mining opportunities in the Western Pacific Rim region. It currently has negative earnings. The Company’s divisions include UK, Philippines, Indonesia and Singapore.

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