Metal Tiger (LON:MTR) Share Price Crosses Above 50 Day Moving Average of $15.84

Shares of Metal Tiger plc (LON:MTR – Get Rating) crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 15.84 ($0.19) and traded as high as GBX 19.05 ($0.23). Metal Tiger shares last traded at GBX 18.50 ($0.23), with a volume of 117,053 shares trading hands.

Analyst Ratings Changes

Separately, Berenberg Bank dropped their price objective on Metal Tiger from GBX 220 ($2.70) to GBX 195 ($2.39) and set a “buy” rating on the stock in a research report on Friday, July 1st.

Metal Tiger Stock Performance

The business has a 50 day simple moving average of GBX 15.84 and a 200 day simple moving average of GBX 18.11. The company has a quick ratio of 3.64, a current ratio of 3.67 and a debt-to-equity ratio of 28.27. The company has a market capitalization of £31.34 million and a PE ratio of 616.67.

Metal Tiger Company Profile

(Get Rating)

Metal Tiger plc invests in, explores for, and develops mineral properties in the United Kingdom, Europe, the Middle East, Africa, the Asia Pacific, Australasia, and the Americas. The company operates in two segments, Equity Investments and Project Investments. It explores for gold, copper, tungsten, silver, cobalt, nickel, lithium, iron ore, rare earth, platinum group element, and zinc resources, as well as mineral sands, and base and precious metals.