What’s Next for Metals Exploration Plc After Today’s Huge Increase?

 What's Next for Metals Exploration Plc After Today's Huge Increase?

The stock of Metals Exploration Plc (LON:MTL) is a huge mover today! The stock decreased 2.13% or GBX 0.12 on November 30, hitting GBX 5.75. About 86,000 shares traded hands. Metals Exploration Plc (LON:MTL) has declined 17.54% since April 29, 2016 and is downtrending. It has underperformed by 22.77% the S&P500.
The move comes after 5 months positive chart setup for the GBX 120.71M company. It was reported on Nov, 30 by Barchart.com. We have GBX 6.27 PT which if reached, will make LON:MTL worth GBX 10.86M more.

Metals Exploration plc is a United Kingdom holding company. The company has a market cap of 120.71 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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