Metals Exploration Plc (LON:MTL) was down 12% during mid-day trading on Tuesday . The company traded as low as GBX 0.50 ($0.01) and last traded at GBX 0.55 ($0.01). Approximately 3,908,372 shares changed hands during trading, an increase of 1,926% from the average daily volume of 192,907 shares. The stock had previously closed at GBX 0.63 ($0.01).

The company has a market capitalization of $11.39 million and a P/E ratio of -0.61. The company has a debt-to-equity ratio of 79.26, a current ratio of 0.11 and a quick ratio of 0.04.

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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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