Insider Buying: MetalNRG (LON:MTLN) Insider Buys 10,000 Shares of Stock

Key Points

  • Insider purchase: Evangelos Mytilineos bought 10,000 shares on December 31 at an average price of GBX 4,410 per share, a total transaction of £441,000.
  • Company profile and valuation: MetalNRG is a UK-listed explorer focused on nickel, copper, cobalt and PGEs with primary licences in Scandinavia, and the stock has a market capitalization of £64.52 million and a reported price-to-earnings ratio of 0.09.

MetalNRG PLC (LON:MTLN - Get Free Report) insider Evangelos Mytilineos bought 10,000 shares of the business's stock in a transaction on Wednesday, December 31st. The stock was purchased at an average price of GBX 4,410 per share, for a total transaction of £441,000.

MetalNRG Stock Performance

LON MTLN opened at GBX 45.11 on Tuesday. MetalNRG PLC has a one year low of GBX 40 and a one year high of GBX 57.73. The firm has a market capitalization of £64.52 million and a price-to-earnings ratio of 0.09. The stock's 50-day simple moving average is GBX 43.05.

MetalNRG Company Profile

(Get Free Report)

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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