Metals Exploration plc (LON:MTL - Get Free Report) shares hit a new 52-week high during trading on Thursday . The company traded as high as GBX 6 ($0.08) and last traded at GBX 5.92 ($0.08), with a volume of 6767016 shares. The stock had previously closed at GBX 5.65 ($0.07).

The stock has a market capitalization of £102.45 million, a price-to-earnings ratio of 119.12 and a beta of 0.19. The firm has a fifty day moving average of GBX 5.22 and a 200 day moving average of GBX 4.82. The company has a debt-to-equity ratio of 17.84, a current ratio of 2.67 and a quick ratio of 0.22.

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.

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