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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Metals Exploration Plc | LSE:MTL | London | Ordinary Share | GB00B0394F60 | ORD GBP0.0001 |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| 0.00 | 0.00% | 4.75 | 0.00 | 01:00:00 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| 4.50 | 5.00 | ||||
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Gold Ores | USD 124.41M | USD 8.75M | USD 0.0042 | 11.31 | 99.56M |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| - | O | 0 | 4.75 | GBX |
| Date | Time | Source | Headline |
|---|---|---|---|
| 25/4/2024 | 10:18 | UK RNS | Metals Exploration PLC Holding(s) in Company |
| 05/4/2024 | 14:00 | UK RNS | Metals Exploration PLC Exercise of Options, PDMR Dealing and TVR |
| 27/3/2024 | 16:13 | ALNC |  EARNINGS AND TRADING: Solid State ups outlook; Quartix trading in line |
| 27/3/2024 | 07:00 | UK RNS | Metals Exploration PLC Update on Debt Facilities |
| 18/3/2024 | 16:31 | ALNC | Metals Exploration names Nick von Schirnding as new chair |
| 18/3/2024 | 07:00 | UK RNS | Metals Exploration PLC Appointment of Chairman |
| 05/2/2024 | 12:01 | UK RNS | Metals Exploration PLC Investor Presentation |
| 24/1/2024 | 14:31 | ALNC | Metals Exploration shares down despite promising 2023 production rates |
| 24/1/2024 | 07:00 | UKREG | Metals Exploration PLC Quarterly Update to 31 December 2023 |
| 12/1/2024 | 10:07 | ALNC | Metals Exploration to buy majority stake in Philippine YMC |
Metals Exploration (MTL) Share Charts1 Year Metals Exploration Chart |
|
1 Month Metals Exploration Chart |
Intraday Metals Exploration Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 25/4/2024 | 22:15 | Metals Exploration - The Investors thread | 4,740 |
| 08/2/2024 | 09:19 | Metals Exploration - Positive Rewsuls 30 June 2005 | 2,079 |
| 29/8/2023 | 23:23 | Metals Explore keep em peeled | 407 |
| 09/4/2020 | 11:02 | Metals Exploration Shareholder Action Group | 18 |
| 02/1/2019 | 00:11 | Metals Exploration - Turning the corner | 472 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|---|---|---|---|
| 2024-04-25 16:15:01 | 5.10 | 442,500 | 22,567.50 | O |
| 2024-04-25 16:06:15 | 4.75 | 100,000 | 4,750.00 | O |
| 2024-04-25 15:32:27 | 4.95 | 145,692 | 7,211.75 | O |
| 2024-04-25 15:28:39 | 4.90 | 100,000 | 4,900.00 | O |
| 2024-04-25 15:28:04 | 4.90 | 91,757 | 4,496.00 | O |
| Top Posts |
|---|
Posted at 25/4/2024 09:20 by Metals Exploration Daily Update Metals Exploration Plc is listed in the Gold Ores sector of the London Stock Exchange with ticker MTL. The last closing price for Metals Exploration was 4.75p.Metals Exploration currently has 2,095,944,271 shares in issue. The market capitalisation of Metals Exploration is £99,557,353. Metals Exploration has a price to earnings ratio (PE ratio) of 11.31. This morning MTL shares opened at - |
Posted at 25/4/2024 16:51 by 1knocker This company has been tipped. Tha probably accounts for some of the share price spike up.I was rather late in (early this month) at 4.9, but managed to sell at 5.3 before the pull back and got in again today at 4.79. My net price paid is still higher than i would like (probably shockingly high to those on this board who have held for a while), but better than it was. Now i just need the POG to do its bit! I suspect that the recent pull back in PM prices is more a function of $ strength than PM weakness. Its the sterling price which matters more to us. |
Posted at 06/4/2024 13:44 by sparki2 Yes, all to play for here.Management, in the shape of Darren Boden and his team have got a big green light to execute their exciting expansion plans for the company by their achievement of the award winning safety record and the outstanding financial performance at Runruno.If, as The Aden Sisters predict, we are in the throes of the continuation of this strong Wave C (up-wave) in this bull market for gold the free cash flow generation is just going pile up and pile up into a very big pile!With its £100m market cap, that strong cash flow, the groundswell of excitement about the possible gold and copper grades at the Abra tenement, plus the additional M&A prospects, agile Institutional Investors will want to be aboard this fledgling as the growth story unfolds.Longer term, I for one, will not be betting against Darren Boden achieving his ambition of building MTL, as a regional player, into a $2b company (or was it £2b?) - perfectly happy with either! For the record, this does not actually imply a 100p share price, because some dilution should be expected, (but no problem with that because any dilution would be at significantly higher prices than today's price).My target price for this year is also 10p but exploration success could make this look very cheap indeed.GLAIMHO/DYOR |
Posted at 06/4/2024 09:22 by urchin1 Any guesstimates on where MTL share price may be in a few months ?THX in anticipation of a reply. |
Posted at 05/4/2024 16:12 by mattjos I'll re-post this courtesy of leehardcastle on other thread:Gold is at all time highs MTL is debt free and has been for 2 weeks MTL is building savings at $1/4 million a day Darren Bowden stated in Feb 2024 via an interview that we will not dilute or require further loans 4 years Runruno life of mine at 1.29g/t average making up to 80k ounce per annum $1100 to $1150 dollars per once clear profit at current gold prices. $90 million free flow cash generation per year at current prices Abra tenement purchase for $1.6 million to take place in June Small scale high grade mining plants on the Abra tenement is Darren’s Bowden’s fast route to additional incomes, costs around $10 million up and running in 1 to 2 years Gold predicted to hit $2500 dollars this year New Chairman is just that, the Chairman, employed for his mining experience, Darren Bowden runs MTL. £200 million Market cap would be fair value for MTL in our current financial position. £2000 million ambition stated by Darren Bowden, stating we are the number 1 mining firm in the Philippines, the “Bell of the ball” |
Posted at 08/3/2024 13:29 by johnybigarms Marmalade your correct, $5 million quoted to close Runruno in 4 to 5 years, we know the average grade is 1.29g per tonne for the next 4 years, with an upper estimate recovery of 80k ounces this year, but remember Darren Bowden has beaten upper estimates in 2022 and 2023 so I’m confident in at least 80k ounces at around $1000 dollars profit at current rates, that $80 million free float in 1 year, Darren Bowden was taking his $60 to $70 estimates at under $2000 dollar gold.4 years of 1.29g average is the assurance we needed, we are on target to make $300 million plus profit before spending on aquisitions and paying some tax, I imagine the more Darren Spends on aquisitions the less tax to be paid, so it actually saves us cash to spend on our future. Market caps are around 7 to 20 times clear profit for producing profitable gold miners, the variation depending on size of company, dividend yield and security of the mining location, so in the next year we can expect a market cap of 7 times profit, what’s that? £400 million at a guess would be fair value, at £90 million today it’s clear we have a long way to catch up, if gold flys to new higher highs or the tenement proves to be gold and copper rich then I see nearer 20p than 10p in 12 months time as the market sees the huge potential amongst the large war chest of cash accumulation, a small dividend would be a clever move as even 0.5p a share per annum would be money well spent as it would double the share price again in an instant, as you would have an income along side share price growth, 0.5p is just $12 million dollars per annum taken from the war chest, but at 10p a share is a 5% return and would attract a different kind of investor. Sit and enjoy the ride, it’s literally just getting going. |
Posted at 04/1/2024 09:15 by johnybigarms It’s the dividend statement that sent AAZ flying, once you have an income for holding MTL the price rises on that basis, AAZ rocketed and the dividend ended at around 5%If MTL can make $80 million clear per annum then at least $20 million would be paid in the form of 0.8p a share, that’s 30% of todays price, so the you can expect to 3 fold the current share price (9p) and it would return a 10% dividend to us loyal shareholders in the short term, long term will require the cash rich company to both expand current land banks or acquire new gold rich land banks, either way MTL will have both the skill and cash to run for decades, MTL being the darlings of the Philippine government with multiple mining awards, licences will be a breeze, where would that take MTLs shareprice? Huge long term upside. |
Posted at 21/9/2023 08:00 by stockbuilder Hello swanvestaThat’s not quite the whole story. MTL Lux and RHL have been major shareholders for a long time. MTL lux is a holding company separate from MTL plc. Prior to the management changes of 2018/2019, they had both lent money to MTL alongside banks. The 2020 share suspension resulted in the two major shareholders buying the debt from the banks, restructuring the other debts into a senior and mezzanine facility and agreeing more sustainable interest rates (originally 15% Senior/7% mezzanine). MTL has paid off the mezzanine component and the senior debt remains now at a reduced interest rate of 7%. RHL have been dragging the process of formally converting the senior debt to 7% (as was originally agreed) following repayment of mezzanine, but as far as I know MTL has been paying 7% pending a formal agreement (which involves renotifying the debt to authorities). MTL is on course to repay its debts in full next year. The situation is not new in the sense there has always been (apparent) tension between the two major shareholders. There is a relationship agreement ratified in 2021 which governs the relationship between MTL plc and the two major shareholders. The text is not public but MTL does specify that protects the board’s independence. It would therefore be fairer to say that these are long standing issues. RHL is by no means new on the scene though. |
Posted at 20/3/2023 07:44 by aussiebeach Gold shoots through $2000oz and MTL share price is around the same level as it was when gold was $15000z ?So under radar, recent financial results have been excellent. |
Posted at 03/3/2023 07:58 by mininglamp With gold on the up move again expect to see the MTL share price start to outperform ahead of the Q1 update which comes in early April.I expect to see another very significant debt repayment, in the last quarter they paid back $14m alone. The share price needs to revalue to 2.5p, a level that was reached last June, at that time the company had £110m in debt, assuming another large repayment in Q1 I expect this to be half of that number now. 5p a share by year end is a conservative target therefore, current m/cap is only a bizarre £35m |
Posted at 09/2/2023 07:57 by mininglamp This seems incorrectly priced by the market, here is a example.Chaarat Gold (Armenia based) production 62k oz gold, AISC $1376oz, debt $51m, £75m m/cap Metals Exploration production 73k oz gold, AISC $1250oz, debt $81m, £32m m/cap So MTL is valued under half that of Chaarat, has higher production, has lower AISC, but higher debt - however the debt position at MTL is dropping significantly. It strikes me that MTL share price should be closer to 3p on a like for like basis - valuing the company at £60m right now. At current levels the price is a steal. |
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