MetalNRG PLC (LON:MTLN – Get Free Report) insider Evangelos Mytilineos acquired 10,000 shares of MetalNRG stock in a transaction on Wednesday, December 31st. The stock was purchased at an average cost of GBX 4,410 per share, for a total transaction of £441,000.
MetalNRG Price Performance
Shares of MTLN stock opened at GBX 45.20 on Monday. MetalNRG PLC has a 52-week low of GBX 40 and a 52-week high of GBX 57.73. The company has a market cap of £64.65 million and a price-to-earnings ratio of 0.09. The business’s 50 day simple moving average is GBX 42.97.
MetalNRG Company Profile
MetalNRG PLC (LON:MTLN) is a UK-listed exploration and development company concentrating on critical battery and precious metals. The firm’s project portfolio targets nickel, copper, cobalt and platinum group elements (PGEs), which are essential for electric vehicle batteries, renewable energy systems and wider decarbonisation efforts. MetalNRG employs modern exploration techniques, including geophysical surveying, geochemical sampling and drilling campaigns, to identify and advance high-potential mineral prospects.
The company’s primary licences are situated in Scandinavia, where robust mining regulations, established infrastructure and proximity to European battery and automotive supply chains offer strategic advantages.
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