Metals Exploration Plc (LON:MTL) shares rose 14.5% on Monday . The company traded as high as GBX 2 ($0.03) and last traded at GBX 1.86 ($0.02). Approximately 206,000 shares were traded during mid-day trading, an increase of 7% from the average daily volume of 192,907 shares. The stock had previously closed at GBX 1.63 ($0.02).

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About Metals Exploration (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.

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