SP Angel Reiterates “Buy” Rating for Metals Exploration Plc (MTL)
Metals Exploration Plc (LON:MTL)‘s stock had its “buy” rating reiterated by equities research analysts at SP Angel in a research note issued to investors on Tuesday, StockRatingsNetwork reports. They currently have a GBX 15 ($0.23) price target on the stock. SP Angel’s target price points to a potential upside of 130.77% from the stock’s previous close.
Shares of Metals Exploration Plc (LON:MTL) traded down 1.92% on Tuesday, hitting GBX 6.375. The stock had a trading volume of 111,572 shares. Metals Exploration Plc has a one year low of GBX 4.15 and a one year high of GBX 11.50. The stock has a 50-day moving average of GBX 6.07 and a 200-day moving average of GBX 6.48.
Metals Exploration plc is a holding company. The principal activity of the Company is to identify, acquire and develop mining companies, businesses, opportunities or projects with particular emphasis on precious and base metals mining opportunities in the Western Pacific Rim region.
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